Wave Systems Corp. (fka WAVXQ)

[rachelelise]

OKNPV

I remain unconvinced that they don't need to refinance as before and can almost believe the lengthening of the timing is encouraging the share price to creep up.

That said I am also accepting the hypothesis that business and business opportunities are coming their way because TPMs are appearing all over the place and so far Wave has the goods to manage them in various applications and with whomever TPMs you use. And their known client list is unusually good for a penny stock.

I will remain concerned and conservative while expenses well exceed revenues. Once that picture (or a clear line of sight) emerges, it truly will be different.