Wave Systems Corp. (fka WAVXQ)

[tkc]

Re: future funding. Wave should have a fairly good conservative guess as to the value of Wave's share of these two significant Gov contracts. With executed contracts and a couple of P.O.s outlining quanities, items, prices, delivery dates and payment terms - sufficent enough in $$$ to demonstrate the value of the overall contract and thus reaching Break-even in the forseeable future - then shouldn't Wave be able to obtain a reasonable Credit Facility w/ GE Capital or IBM Capital? If these contracts are large enough and the receivables due in say 90 days from execution, then I hope SKS is looking into arranging for a Credit Facility w/a reputable lender as a viable alternative to further dilution.
One more PP is probably inevitable. After thet if we've got "the goods" and can prove it, let's borrow. The anouncement of a Credit Facility w/ a reputable lender would significantly move the share price up. In fact, now that I think about, let's sign one ASAP -before the next PP. We don't actualy have to borrow the $, just have it available.