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Alias Born 02/18/2005

Re: None

Wednesday, 02/23/2005 1:31:02 PM

Wednesday, February 23, 2005 1:31:02 PM

Post# of 249241
I've been doing alot of digging over the past few weeks. Is it true that Wave received $120 million from a private placement a few years ago? I don't see much $$$ left in cash on hand or accounts payable. Was there a ROI on that investment??? Where's all the money gone??? How can the revenues be < 100k per Q after sinking $120,000,000 into the business? Seems to me that type of money should be able to generate some income...

Dazed and confused!

Any help is appreciated!!!

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