Wave Systems Corp. (fka WAVXQ)

[Escrow56]

Something positive. One year ago the placement that we just did was a few weeks worth of operating capital. Today it could go months or drive us to break even. I believe we will still need a little more but it will be at higher prices. If we issue 500,000 shares at a buck, it goes a long way maybe until we are cash flow positive. Forget that we all wanted a company to go to 100 within a year. It didn't happen. When it went to 50 it spoiled us. In this business environment, any rational person would be happy with 15% to 20% returns per year. In bonds and fixed income getting 7% a year is quite an achievement. I don't believe from an INVESTMENT point of view that from this point in time forward we will find a better investment vehicle. Yes, I do remember how long we have been in this investment but dwelling on the past doesn't help and does not effect the future. One year from today we will have outperformed almost everyone else on the planet for this current year and probably into the foreseeable future. Just another opinion.