Wave Systems Corp. (fka WAVXQ)

[mymoneybgone]

If this PP was used to raise funds to pay guaranteed bonus's due and the results for Q4 reek, this PP tips you off to how crappy Q1 is going to be as well. Once that happens you could see more agressive shorting happening.

Problem for wave going forward is they have the compliance thing hanging over their head and the company already stated they would do another RS if thats what it took to regain compliance. The closer that deadline comes the more zeal I think you will see the shorts undertaking-especially in abscence of any revenue-real hard revenue being paid now, not in the future, news release.

The last day to start the final 10 day compliance would be June 24th