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player1234

10/05/15 9:20 AM

#243655 RE: mymoneybgone #243654

Yup, nothing counts until it turns into revenue.

It is also worthy to note the following quote "will require additional financing for operations in the near term," so it seems people are being warned that even at 107% APR, the company couldn't get enough money last time.

player1234

10/05/15 9:58 AM

#243656 RE: mymoneybgone #243654

Also, the commitment of SAC is absolutely nothing. The fact that Wave's financial situation stinks has zero impact on their decision to sign this agreement. Like Samsung, it is a pricing schedule only with no minimums or maximums from SAC.