Replies to post #141823 on Wave Systems Corp. (fka WAVXQ)

[nomad1]

Snackman,

Could it not also give mgmt the opportunity to take the Company Private?

cheers,
Nomad

[rachelelise]

Snackman

Sure but this is not an ESOP. This is available shares for the stock purchase plan and I don't think it gets voted by anyone. Also it still represents incredible dilution potential.

[orda]

How much would


they have to own collectively for it to be effective?