Replies to post #221459 on Wave Systems Corp. (fka WAVXQ)

[wavedreamer]

internet,

Agreed.

"It's encouraging that the Army and National Security Agency have decided not to reject mobile technologies because of the serious vulnerabilities they pose but to figure out how best to limit or eliminate those risks"


http://www.govinfosecurity.com/blogs.php?postID=1188&rf=2012-02-07-eg&elq=9a66547596614a72865465a1e01be6ad&elqCampaignId=1324

[rwk]

internet, I'm hoping

that day may come in the next two weeks. The details of the Army sole provider contract could be an eye opener for many, should they be released in the near future. Add to that any MSFT Win8 news and RSA conference developments and Wave's earning's profile could become much more visible.

[jermart]

Or maybe they could talk about 25 years of losing money or the fact they have burned trough 360 million dollars, the reverse splits. problems with the SEC. Insiders selling shares,the new shelf offering am I leaving anthing out. Lot of thing for the talking heads to discuss.

[Vader]

Revenue projections and the most recent stock registration...

Let's all pretend;

"If", and I stress "if", WAVX was in a position to be awarded a large government contract they would be subject to a financial systems and capabilities audit.

That audit, amongst other things, would review most recent audited statements, bank lines, etc... WAVX's statements and filings show losses, limited cash reserves, no near term promise of earnings and no credit lines.

Now, WAVX finds out that while they have good product that the government customer wants, the government might have determined that they are too risky of a play to award a significant contract to in light of the above facts.

Accordingly, WAVX secures a "line of financing", that has no ill impact effect on the balance sheet that arguably provides cushion for contract award, execution and anticipated and projected cash flows.

WAVX then is awarded the "large" contract..

So... the question is, "punk... do you feel lucky?"

The only thing that makes any sense to me re; the most recent filings to sell stock, etc... is that it was required to secure business of some type..

All, IMVHO, Vader!