Replies to post #242305 on Wave Systems Corp. (fka WAVXQ)

[player1234]

"I believe this last financing deal was done in part to show a potential client (or two or three) that Wave can raise money if they have to."

This has been said with every placement. The numbers tell the real story. They were out of money, plain & simple. They HAD to do it.

I've said it before and I say it again; No client would see the continued sale and dilution of a company as a sign of anything other than weakness.

"if the latest financing generates upwards of 6-10 million dollars in business, either for this quarter and or Q3"
The target moves again.

[ncbaker]

I believe if there were deals close to closing Bill would have waited with the placement so he could sell the shares at a much higher price. Unfortunately I think the chances of wavx being above a buck in time to prevent a reverse split just got smaller.
Snack I hope you are correct. I have just detoxify my self off of the Kool Aid and I dont like what I am seeing. I may have to relapse and have a could shots just to handle the pain.