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Technology Stocks : WAVX: Wave Systems Corp.
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From: TREND19/12/2008 10:12:56 AM
   of 604
 
Each share of Series I Convertible Preferred Stock will be convertible into 10,000 shares of Class A common stock (at a conversion rate of $0.44 per Class A Common share) (i) upon the election of the holder thereof at any time ...

IMPORTANT: This is the DEATH SPIRAL FINANCING
Why?
Beacsue holder can short WAVX
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