Wave Systems Corp. (fka WAVXQ)

[mymoneybgone]

I see a lot of excitement about wave tweets....

That to me reeks of the same type of DD found on the boards. Lots of hype with no financial meat on the bone.

The timing to me is very very suspect given the action of the shareprice.

The timing is extremely suspect given the time to notify the NAS about their plan to get the shares above 1.00 for 10 days.


If they do a 1 for 3 again the float goes down to 50M the outstanding shares I think are around 35 to 36M

The shareprice goes to 1.83.

If revenue stays on the same track how soon before the available float gets tapped, how long does it hold over a buck, and do they have the balls to ask for more shares so soon after the RS?


Wavoids need to wake up and realize this RS is almost a done deal.