Wave Systems Corp. (fka WAVXQ)

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FWIW the 8-k and 10-Q say:

8-k : " The Purchasers also received warrants to purchase up to 602,410 Common Shares at an exercise price of $0.83 per share. The warrants are exercisable for 5 years beginning on the date of issuance."

10-q : Wave also issued warrants to the subscribers to purchase 602,410 shares of Class A common stock at an exercise price of $0.83 per share. These warrants expire in October 2018.

while the S-3 says : "On March 12, 2013, Wave entered into a Securities Purchase Agreement (the “Purchase Agreement”) with the selling stockholders pursuant to which Wave sold a total of 1,204,820 shares of Class A common stock, priced at $0.01 per share, for an aggregate purchase price of $1,000,000. The selling stockholders also received warrants to purchase up to 602,410 shares of Class A common stock at an exercise price of $0.01 per share. The warrants are exercisable for 5 years beginning on the date of issuance."

The S-3 must be wrong, 1.2m shares at a penny a share does not yield proceeds of $1m.