"That pressure is there since wavx still needs to raise cash to survive, since they can't create enough internally."
Wave has enoght cash to get into 2006 after the last PP and warrant exercising. Revenues will start building in earnest in the third quarter and anticipation of an explosion in the 4th Q.(Per Dutton). Perhaps today Wave can't "create enouhg internally" , but over the next 4-6 months, only time will tell. The pressure has nothing to do with raising cash at the moment. In the last month Wave has traded up from the low $.80's on increasing volume. That pressure you speak of is welcome because it's "BUYING PRESSURE"!