Wave Systems Corp. (fka WAVXQ)

[Escrow56]

The only answer is that their vendors were calling for their money. You do not want them to get nervous as suppliers are part of your business. If they sold fewer shares we all would have liked it but some debts would not have been cleared. This way they are basically debt free, don't have to start preparing for another PP soon and may be done with financing of this sort forever. 10 cents cost them about $300,000 more than at a buck. Looks bad but small price to pay.