WAVX: Wave Systems Corp. Message Board

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Technology Stocks : WAVX: Wave Systems Corp.

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From: TREND1	9/3/2008 12:14:13 PM
	of 604

Posted by: dig space Date: Wednesday, September 03, 2008 11:40:03 AM In reply to: None Post # of 170607 Do investors realize that the migration of WAVX to the pinks (and not just to the Nasdaq Capital Market from the Nasdaq Global Market) but all the way to full-blown OTC:Pink is the most likely scenario as things stand? Wavx satisfies the MktCap rule of neither Nasdaq market. No amount of reverse splitting will change that. Certainly a large PP without corresponding price erosion would satisfy MktCap ... but when was the last time anyone saw that? To me the writing is plain, Feeney has thrown in the towel, they will sell Xpress for what they can (a firesale due to their distressed seller status) and hope to regain compliance in or around Q1 or Q2 of 09. Another chance to sell "Welcome Back Nasdaq" shirts, although not something I would highlight on my cv

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