Replies to post #18019 on Wave Systems Corp. (fka WAVXQ)

[HhH]

Rachel: The $10 million SSPX development deal...

was--or should have been--suspect from the get-go. There was zero proof of SSPX's capacity to perform, aside from Peter's assurance in response to 24601's CC inquiry. And guess what, Rachel, as I (alone) pointed out at the time, they didn't have the backing to follow through on the deal. It was pure PR fluff and, barring something positive happening to the SSPX stock WAVE ended up with a significant DRAIN on an already-depleted WAVX treasury. And that is all I need to know. The whispers, the nods, the winks, I'll leave that to you folks with inside connections. I don't really care about all that.