I agree this statement is particularly important, both because of the phrase "mass deployment" and the time frame given, viz. late 1998. Press releases to date have referred to either relatively limited distribution or 1999 product availability.
One can debate just how much license to exaggerate is afforded to forward-looking statements by the Private Securities Litigation Reform Act of 1995. DocStone certainly has a point, but you have to keep in mind how conservative WAVX has become, how sensitive they now seem to be about overstating their case, and just how much regulatory scrutiny they could become subjected to as newly registered shares come into the market, or as they get re-listed. I doubt this statement was made without giving considerable thought to both the legal and IR/PR credibility issues at stake.
I don't think 8M shares will be coming onto the market as the result of the recent S-1. Combination, Inc. is good for about 2.7M shares only, and there are some restrictions on how quickly they can convert (and therefore sell). A large portion of the other 2.4M shares are owned by insiders who have to cough-up short-swing profits (and may have reasons not to sell anyway!) Not all of the 8M shares being registered are needed for conversion, as I recall, principally because the stock is trading well about $1.40 (which relates to the $1.12 price ceiling for Combination, Inc.)
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