Wave Systems Corp. (fka WAVXQ)

[dig space]

Seeing that the SWAG spigot is wide open,

and seeing that Wave said they would issue an 8-k, that indicates something material has come to light, I believe the likely have 4 days to comment in an 8k (SWAG mode remember?) and the 8k will likely point out the issue, something like,

during xyz period (sometime in the last few years) Safend recorded something as a ABC (cap investment e.g.) that needed to be recorded as XYZ (a general expense e.g.) and so we need correct and carry it all the way to present, or that they have always booked something one way that we must book a different way and this will/will not affect things like cap loss carry over or whatever. If it affects something that was part of the consideration for sale, adjustments will be made using either SP at acquisition or current SP.

When the 10k does come out all attention will be on SAfend particulars, and I will carry on looking at revs, Dell-component, cash, cash-flow, and some indication of the direction/magnitude of the expenses vector.

Love the SWAG spigot.