Keep this is mind. There are many institutions that can not buy Wave until the share price hits $5.00. In looking at the institutions that can buy us now, where are the major institutions, that can't buy now, going to find shares to buy when they get the chance above $5.00?
Major institutions also need liquidity. I foresee some forward going splits, as the price moves up.
I believe the "real" float is around 32-35 million shares at this point in time.
Remember, they want in, they want your shares.
They will have to pay dearly, if they want in, in a big way.