Wave Systems Corp. (fka WAVXQ)

[internet]

Goo morning Alea... Re dilution. The ONLY way there will be no further dilution is if Wave does not pull the trigger at all..... Personally.... That is a pipe dream. Further dilution will happen and that is not a bad thing if it translates into positioning the company in a stronger place. The recent purchase of Safend is a good example of necessary dilution. That is NOT the point I've been arguing and I've certainly NOT claimed that further dilution is a figment of imagination of the shorts. THE ONLY POINT I'VE BEEN MAKING IS THAT THE DEGREE OF THAT DILUTION IS UNKNOWN..... For example .... Let's say that you are correct ..... and sometime over the next 10 months or so.... Wave needed 20 million dollars to fund projects that would position the company to take advantage of enormous opportunities..... Then I would assume wave would pull the trigger at very opportunistic times as to take advantage of market fluctuations..... I seriously doubt that means pulling the trigger for the full 20 million at these levels.....if they pull the trigger at higher levels.... The degree of dilution maybe significantly different than pulling the trigger at these levels. Therefore..... For people to suggest that 9 million shares are going to be fed into the market is not accurate and very misleading. If that was the case.... They would have simply done another pipe.... Imnsho

Sincerely,

Jas