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Replies to post #170475 on Wave Systems Corp. (fka WAVXQ)

Replies to #170475 on Wave Systems Corp. (fka WAVXQ)
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xxxxcslewis

08/29/08 3:55 PM

#170476 RE: drnick #170475

A convertible preferred would be one of the worst possible scenarios and would very likely lead to a "death spiral". Current shareholders absolutely do not want Wave to issue a convertible preferred!