Uncle Frank,
I wanted to bounce this off of you, and possibly get feedback from your Gorilla and King board...
WAVX: Wave Systems Corp. - Was just re-listed on Nasdaq, on May 27th. Wave Systems developed and holds all patents on the EMBASSY chip, which may proliferate in extraordinary quantities into E-Commerce hardware devices, (PC's, STB's: Set Top Boxes, Smart Cards, etc.) as "The Money Chip." Being "Wave Enabled" makes the customer's device a "Trusted Client" and facilitates secure, "Metered Transactions", which no other chip can do. E-Commerce transactions occur on the customer's device and not on the vendor's server, thus ensuring customer privacy.
The CEO of this this small company out of Lee, Mass., is Peter Sprague, ex- CEO of National SemiConductor. He has backing by HewLett Packard, investors such as AOL, and strategic relationships with IBM, SUN, NEC, Hauppage, Sarnoff, Aladdin, Cendant, and a host of others. But chip sales (which are potentially multiple millions) are not to be the real source of revenue... it is as a SERVICE COMPANY, taking a nickle or so on every transaction, from both the customer and vendor, which promises to be a colossal revenue stream. Time will tell, and things are happening very fast There is so much more to this developing story. Here's a primary link:
wavesys.com
Enjoy your weekend.
Wooly |
