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rwk

03/19/12 2:11 PM

#224567 RE: jermart #224560

I got that much Jermart, the part I don't

get is the stuff you think will occur after Wave is allowed to sell into the ATM. On one hand, I have calculations and comments by rwk showing the ATM, if in use, is only about 20,000 shares a day, less than 10% of daily volume. On the other hand, I have jermart saying that Wave is going to sell 14 million shares on some given day. Meanwhile, Alea has added that he sees no need to raise funds until Q3. On top of this, there is no evidence that Wave has been using the ATM nor any evidence that Wave will choose to use the ATM while the share price is low.

So, what is it exactly that you think will occur after the ATM facility is reopened to Wave?