Replies to post #3105 on Wave Systems Corp. (fka WAVXQ)

[TonyMcFadden]

I see what you're saying SPIN. Wave can't force the warrants, but the warrant holders may erercise their right to convert...

not sure on the timing for that.

[rachelelise]

spin

I agree with your interpretation. It also makes more sense than saying the price trigger starts 18 months from now. Either way, I view this more as footnote since it will not provide any cash in the next 60 days. I do hope tha t options being excercised will provide a good source.