Replies to post #165848 on Wave Systems Corp. (fka WAVXQ)

[Robert I]

Chance to See- Wow, very comprehansive.

So, it's essentially the function of the S-3 covering the Jan-Dec 2008 time frame, and the S-3A revision shifting the time frame covered a significant five months forward, from June 08 - May 09.

It makes sense. Too bad the need for 6 million less in funding in the revised filing is now far less compelling.

That's one question answered, thanks!

[Ispro]

CTS...great math, should be on track.

"That implies a $4.8 million shortfall for Q2, which seems closer to reality"

So we can assume about 2M for Q2. Well, like SKS said, 1.7 for Q1 while upgrades for 45 Q2 days exceeded Q1. SO lets say 1.9M - LOL

If thats the case we're dead.......

BR

ISPRO