look that way. I agree with you about raising more capital to fund growth as I would rather have a slightly smaller piece of a much larger pie. I don't think Wave needs more money at the moment given the expected cash payments ($6mm) from Automaker (GM). It would be nice to wait and have some of those ten pending contracts announced so the share price increases to the $16 to $20 range as suggested by others before issuing a couple million shares.
(Idle thought, maybe they could use some money to buyout Winmagic?)