Replies to post #30128 on Wave Systems Corp. (fka WAVXQ)

[Doma]

God help anyone who comes across SPIN

in the courtroom.......... what a C,W & A.........

From the SEC..........

What is "Insider Trading?"
"Insider trading" refers generally to buying or selling a security, in breach of a fiduciary duty or other relationship of trust and confidence, while in possession of material, nonpublic information about the security. Insider trading violations may also include "tipping" such information, securities trading by the person "tipped" and securities trading by those who misappropriate such information. Examples of insider trading cases that have been brought by the Commission are cases against: corporate officers, directors, and employees who traded the corporation's securities after learning of significant, confidential corporate developments; friends, business associates, family members, and other "tippees" of such officers, directors, and employees, who traded the securities after receiving such information; employees of law, banking, brokerage and printing firms who were given such information in order to provide services to the corporation whose securities they traded; government employees who learned of such information because of their employment by the government; and other persons who misappropriated, and took advantage of, confidential information from their employers.
Because insider trading undermines investor confidence in the fairness and integrity of the securities markets, the Commission has treated the detection and prosecution of insider trading violations as one of its enforcement priorities.

[SPIN]

yes, Domawk -- FACTS.

what do you think the underlying offenses are for the activities you cited?

"...certain public statements made by Wave during and around August 2003, as well as certain trading in Wave's securities during such time..."

moreover, the 8 law firms which have initiated litigation against Wave have specifically noted claims for stock fraud. you know, in those complaints you continue to mawk? the Mass complaint specifically alleged a "fraudulent scheme and course of business" & that they "employed devices, schemes, and artifices to defraud" & there is an entire section in the pleadings discussing scienter.

do you think those firms are not also investigating Wave, SKS, Bagalay & Feeney (as well as the possibility of other related parties)?

i'm shocked that you two "experts" were unaware that Wave was being investigated for stock fraud & insider trading.

it is a FACT that Wave, its CofB, CEO & CFO are being investigated for insider trading & stock fraud.

[Weby]

On the eve of IDF for my anxious friends

Things do take time, but we have used considerable time.

I don't know if this has been posted recently or ever, but it explains a few things:

1. IDF PRs are interesting, but don't worry if they don't splain things.

2. Why there was a lot of action after IDF 2002

3. Why it takes so long to build an infrastructure.

http://www.intel.com/design/mobile/platform/downloads/trusted_platform_module_white_paper.pdf

"At the very end -- page 19 of 20

Banias TPM Enabling Initiatives

The TPM is a key element of Intel’s Safer Computing initiative. On September 10, 2002, at the Intel Developers Forum in San Jose, CA, Intel and VeriSign* announced their collaboration on enhancing the value and garnering industry
support of safer computing for PC clients, with an initial focus on next generation wireless notebook PCs. VeriSign* will optimize its digital certificates and “Personal Trust Agent (PTA)” on the future mobile computing platforms with TPM
support, based on Intel’s next generation mobile processor, code named Banias.

The collaboration will enable PC OEMs to integrate VeriSign’s* PTA and digital certificates into Banias processor-based notebooks, enabling a platform ready for corporate IT to deploy with VeriSign’s Public Key Infrastructure services to
enable strong authentication, authorization, digital ignatures, encryption and more secure messaging.

Intel and VeriSign* will jointly promote security (especially security on wireless notebooks), TPM version 1.1 adoption, and VeriSign’s* Managed PKI services. By incorporating digital certificate functionality into TPM chips that support
Banias processor-based notebook PCs, a user’s digital certificates and attributes can be stored in hardware, making it much more difficult to compromise the certificates and attributes via traditional network or Internet connections.

This also transforms any TPM-enabled Banias processor-based notebook PC into a “digital credential” that can then be used to perform many e-business functions in the corporate IT environment, such as single sign-on, more secure remote
access, and trusted peer-to-peer computing.

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The time has been spent. The pieces are coming together and I'll make one prediction. Friday marked the longest period we will ever see again without a POSITIVE Wave PR.

Lastly, don't panic about Verisign....the have a seat at the same table and it should be obvious by now that the rules and roles have been being worked out from the day that TCPA issued their first press release and Wave was "not included" but issued a press release six seconds later.

I'm still not sure that Barge is right about the "organized effort" starting around '97 --- but the above paragraph shows that by 2002 a lot of work had already been done to build the secure rocket platform.

FWIW I will continue to post general posts over for newbies and the folks who for whatever reasons remain here.