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ExPatriate57

10/20/10 2:37 PM

#200266 RE: Yeaiknow #200265

It doesn't take 20 years of longevity to assess the financials, read the last 5 years of CC transcripts or review the public record. I've also recently returned from 3 days at the oak and spruce resort,20 minutes from Wave HQ where I was able to speak to many who have friends family an neighbors working directly with those employed at Wave.

I'm not looking for a seat at the "cool kids table" - I'm looking to make money off of this investment.

22 days to cover of short interest shows that I'm not the only one who has serious concerns about this managements teams ability to transform a significant opportunity into financial success.

I've put both my money and my time into evaluating Waves ability to deliver.

This isn't a utility stock where one can count on a steady 5 percent return. I'm well aware that there's significant opportunity for a triple digit return in Wavex. I also realize that where there's such a great chance of return there's also significant risk.

For a company who has never shown a profit and has made some serious mistakes in the past (while subsidizing NYC apartments and providing salaries for family member and friends at investor expense) reasonable concerns like the ones I've expressed are warranted.