Replies to post #243732 on Wave Systems Corp. (fka WAVXQ)

[mymoneybgone]

That ship is away from port. I don't believe there are enough shares on the shelf to make any damage. Thats why so many of us felt after the stock crapped into the teens it was the point from which recovery was nearly impossible. The three month loan with those onerous terms was writing on the wall unless they can announce guaranteed revenue in a contract with product numbers as well. The loan tells me q3 is a dud..and any releases showing financials won't be released until well after the nasdaq deadline passes. The share price is so beaten up a reverse split is in effective because it would be so large the stock would immediately sell off. The insiders have options they could exercise but those all are out of the money I think and why exercise now. Besides if you look at the reports nearly all those were turned around and sold asap. Fact is they need a contract showing double digit millions at this point.