RWK, $245 MM is the cumulative net losses WAVX has accumulated so far, all of it OPM (other people money). Now in the middle of last year, it was all supposed to "come together" in the fourth quarter, there were even ramblings from management that they had enough cash on hand till the end of the first quarter of 2004 and to launch the product. I don't know when the December quarter is going be reported, but if any signs of substantial revenues were to be reported, by early February, in its wisdom, the market would have known. Go back and read the late July early August exchanges. INTC was supposed to ship a million Embassy enabled boards in the last quarter. If that happened, a lot of the people involved with that shipment would know, their barbers and stock brokers would know etc....as a point of reference check back #msg-1325439 from an exchange with rachelise from August , read some of the response and responses to responses. Some questions as to resources required to support such a launch where responded to by "Management knows", to which I responded, in essence, epilogue will be like the prologue. (g).