Replies to post #142053 on Wave Systems Corp. (fka WAVXQ)

[RootOfTrust]

Wildman, you are right, and it makes it harder for folks to be objective.

I still say it's unfortunate the numbers seem overly high, but the rest is a no-brainer for me. Ideally they can redo the proxy in time, but watch, there will still be complainers.

I wonder if everybody knows most of SKS's stake in the company is in the form of options that are about to expire unexercised?

http://www.secinfo.com/d11MXs.uSEg.htm

Read the note (4) after his name and one will see that most of his holding is in unexercised options. In 2005 he was granted 250K (1/2 the max.) @ 1.04 (3.12 post-RS)...they have not been exercised.