Wave's tech will be included in NSM's Super I/O $1 solution .If as we believe Atmel has lost IBM's 5 million TPM per year account & NSM has won it along with other PC OEM's like Toshiba & Dell or MB manufacturers like Intel,financing against this news may well be with more favourable prices than $1.90......
RWK, re: "SKS reportedly turned down extra funding at $1.90 because he felt confident Wave would do better in the future. Yet once again it appears that events will prove him to be in error."
You said you were perplexed by this. Me too, and then some!!
It wasn't that long ago that we were told we had enough funds to make it to breakeven, then in a flash we didn't. Management's "prognostications" are pathetic. It WILL cost us dearly. Am dreading the next round of financing. Just what in the world is going to propel the stock price in the short term to accomodate a decent round of funding?
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