Replies to post #26660 on Wave Systems Corp. (fka WAVXQ)

[New Wave]

keV, do you think there just might have been a good business reason for shutting down Charity Wave?

It appears you're also saying they've been shutting down (de-activating) personal accounts (MyPublish, etc?); however with the focus now on trusted services for the enterprise market, and limited resources to get the job done, I'd be pleased to see them do just that.

[internet]

Good morning KEV...

Although I understand your frustration...I think you're somewhat off base IMHO. I understand that you already know the following...but allow mw an opportunity to address some of the issues you have recently raised:
1) Wave accounts....Yes...I did have a wave account which has remained dormant since the early days of the HAUP board. IMHO...individual accounts of the past are of NO significance at this time.
2) SEC investigation...although none of us can really state with any degree of assurance that they know what the outcome will be....personally...I don't think anything significant will come out of the investigation. We may see a change in an officer and perhaps a penalty...but nothing more imho.
3) SSPX sales....although I don't agree with the speed of the liquidation...I can't argue with managements decision to increase our bottom line WITHOUT increasing our dilution. (FD...I own SSPX shares and have bought it for their potential rather than any take over rumor)
4) WAVE's FUTURE is DEPENDENT upon TCG....period. Nothing that has taken place in the past is of any significance at this point. Does this mean that mistakes were not made in the past...ofcourse there were. Hopefully, management has learned...some would argue that the recent sale of SSPX is an example of learning from the past. Some would contend that the company has wasted the last 5-6 years in non-starts. Others would counter that the last 5-6 years have developed relationships that have positioned us at the center of the TCG movement. We will either LIVE or DIE by the success or failure of the TCG movement.

Sincerely,

Jas

[TonyMcFadden]

You write

Charity wave is shut down...

SEC-related ?

Try reading their website:

CharityWave has temporarily suspended the receipt of new applications. We are launching a new infrastructure in the fall, and are currently accomplishing testing and quality assurance. We will not accept new applications until that process is complete.


Thank you for your interest in CharityWave. If you have any questions or suggestions you would like us to consider, please call 917-339-9012, or use our Customer Service HELP Center menu to forward a message.



We appreciate your patience during this transition


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