Replies to post #242216 on Wave Systems Corp. (fka WAVXQ)

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alea, I believe the PR said the effort will draw from the shelf, as memory serves the shelf is good for $10m. The PR says shares and warrants.

Say 65 cents a share, shares:warrants 2:1 ... $6m cash tops ... depending on warrants pricing.

About 14m shares give or take, 9m now, the rest in warrants overhang.

all of that IF they get 65 cents a share.