Replies to post #242109 on Wave Systems Corp. (fka WAVXQ)

[aleajactaest]

"If there were a decent sized VSC deal, he would PR something."

i am commenting on potential contractual freedoms and restraints. it sounds like you are talking as if wave has the freedom to do what it wishes so long as it doesn't name the customer. my position is that the details depend on the terms of the contract. a contract may deny wave the right to release information that it is not otherwise obliged to release.

i imagine solms would probably want to release the news of a large contract, as you say. but i believe the decision isn't his alone. where he is obliged to release news by the sec, he has a tool with which to twist the arm of a resistant customer. otherwise he does not. my position is that the customer can say no even where the transaction does not name them as part of the contractual agreement.

we know that wave didn't pr the 30,000 afw transaction. so there appear to be large unannounced transactions which solms, if he was unrestrained, might wish to release. thus i think your assertion above doesn't entirely match the record. wave doesn't always appear to be free to announce large transactions.

either that or he didn't wish to announce it. but i think we both believe he would if he was free to.

wave's wish to goose the price prior to a dilution isn't likely to be part of a customer's decision about what suits them.