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Technology Stocks : WAVX: Wave Systems Corp.

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From: TREND18/30/2008 9:18:02 PM
   of 604
 
Posted by: tkc Date: Saturday, August 30, 2008 8:38:15 PM
In reply to: 1260 who wrote msg# 170535 Post # of 170545

1260, thx for sharing, you're probably correct, Wave got little or nothing (revenue wise) from the Olympics as SKS had no response. A lot of good posts today, as I catch up. MIB, stick to you guns because,in this instance, you are absolutely correct. Jas wrote we'd get funding in one to rwo weeks, well I hope he's wrong. SKS, when asked on the CC how much cash did Wave have today?, he responded "pretty much what we raised in this PP." $800K or so, what 3 weeks or more ago? When you burn $2mm+ per month, $800K doesn't last long. Others po-pooed my inquirey regarding when and how Wave paid it's payroll, but that was a critical question.

NO WAY WE CAN WAIT TWO WEEKS for funding, NO WAY!
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