Wave Systems Corp. (fka WAVXQ)

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rwk, with respect,

whether compensating the founders (effectively speaking) of a developing cash-poor cash-flow-awful company with cash instead equity is irrational, is strictly a matter of opinion and no amount of statistics or bluster calling for such will amend that, statistically speaking that is.

I welcome a sound statistical argument supporting any notion that SKS and Feeney (e.g.) would have walked had compensation been handled more, uh, rationally.