Replies to post #235966 on Wave Systems Corp. (fka WAVXQ)

[player1234]

Not true regarding Peter Sprague according to the legal filings. He leeches off the company.

"In March 2003, Mr. Peter Sprague, who is the former Chairman of Wave, was appointed Chairman and Chief Executive Officer of Wavexpress. On January 1, 2010, Mr. Sprague became an employee of Wave. Mr. Sprague was paid a salary of $134,200, $134,160, and $129,000 for the years ended December 31, 2012, 2011, and 2012, respectively. Mr. Sprague earned bonuses of $30,000, $125,000 and $125,000 for the years ended December 31, 2012, 2011 and 2010, respectively. Mr. Peter Sprague is the father of Wave's President and Chief Executive Officer, Steven Sprague."

http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001047469-13-002979%2Etxt&FilePath=%5C2013%5C03%5C18%5C&CoName=WAVE+SYSTEMS+CORP&FormType=10-K&RcvdDate=3%2F18%2F2013&pdf=