Replies to post #663 on Wave Systems Corp. (fka WAVXQ)

[Snackman]

Your arguements are really not worth the time to answer.

Snackman

[RootOfTrust]

CL

The June 30 SEC filing states that $200K is required to finish the digital services product line (Smart Safe/Signature etc.)...the Premium Services. I am sure that is currently being wound up, obviously out of the current burn.

You must be confusing my SKS e-mail with something else...there was nothing about "being able to build something but no current demand".

He did inform me that with respect to the Premium Services, "that beta software was delivered that day (June 11, as I recall) for certification, and that they were working on language and support features"...that sounds like the $200K referred to in the filing...covered by the ongoing burn.

BTW, the $3M development cost in the filing for Embassy products relates to Finread...I think enhancements...basic functionality already exists.

The other $700K was for WXPS additional functionality and enhancements.