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24601

03/20/06 6:08 PM

#113773 RE: cpa #113764

I'm happy that they haven't resorted to debt financing.

But, then again, I'm able to use the phrase "convertible preferred" without feeling obliged to toss in the modifier "floorless."

These two things probably reflect the fact that, although I am not the most sophisticated student of corporate finance, my knowledge is not utterly confined to the practiced rap of the chatroom.
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Blue Fin

03/20/06 6:30 PM

#113775 RE: cpa #113764

CPA, I would not have been in favor of getting a loan without knowing where the money would come from to service it, but at this point I believe there would be merit to setting up a operating loan.
Perhaps you were unaware that I was an early investor and made a substantial return on my Wave investment, because I wanted to move the investment elsewhere,it is my decision that I depend on, it is not what others decide so if I make a mistake I don't try to make someon else the scapegoat as it appears some of you would like to do.

B.F.
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Fly Fisher

03/20/06 6:39 PM

#113776 RE: cpa #113764

cpa - "net worth"
Your sure do have lots of opinions, comments, etc. for a
NON-Shareholder. If you are trying to assess this stock for a possible investment, why not just sit back (in silence) and draw your conclusion from your research. If you decide to become a shareholder, feel free to post your thoughts (positive or otherwise). At this moment, your banter has zero weight because you have no position. ONLY shareholders get to "vote" on company matters. If you decide to continue posting realize this - your posts are like trees falling in the woods with nobody around - nobody hears them..... Take the plunge, buy one single share, and come back to discuss your stock and its future potential.
FlyFisher