Replies to post #244027 on Wave Systems Corp. (fka WAVXQ)

[mymoneybgone]

What? You mean do something that is in shareholder interest?? No way......The only time they reacted was when there was pushback from the shareholders. Reading the publication I see this "My opinion, for what it's worth (nothing) is to do what Wave wants to do.

We are already near zero, so if they think they have a way of returning something to the shareholders with an increase if share price, I am going along with management.

They know more than we do, and I believe they are doing everything they can to keep us viable."

Does that sound like any incentive to change the status quo?

How has the stewardship of the shareholders funds gone for the last twenty years?

The company has been given carte blanche to do whatever.........

[cypher]

Simple..who would take the job..
The company is just days away from bankruptcy.
For the last financing deal, they either convert or get paid in cash. Why would they convert ? It would imply they expect the stock to rise... it won't be.. That cash demand will force them into some kind of bankruptcy chapter.
The only access to capital they appear to have as a last ditch option would be selling off any accounts receivable. Given the state of the company whoever would do that would demand a large fee for safety sake.. From what I hear theres almost noone left to service accounts on the support side or engineering. Any renewals at this point will be few and far between if their customers have even half a brain...