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Re: I guess I've been in a cave,

By: Cactus Flower in ALEA | Recommend this post (0)
Sat, 02 Jun 12 7:11 PM | 87 view(s)
Boardmark this board | The Trust Matrix 		Msg. 08257 of 54959
(This msg. is a reply to 08256 by DigSpace)
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Hi dig,

The dilution in May looked minimal. I think that tells you the cash flow is adequate. And I am expecting something very big during the next month or so due to the implications inherent in the cash requirements in the y/e financial statements. The major contracts pay upfront. This is a cash flow game.

If they have to dilute 1m (or even 5m) shares in June to get through to July/August, so be it. But I no longer fear a massive dilution at 40 cents as I did. It would have occurred in May if it was going to happen, in my view.

So Wave sits at $1 or so, which is a very low price, and is awaiting its next major opportunity with the DoD which I expect to be in the $10-20m area initially. And I think that contract will change the way Wave is viewed. The DoD Tech forum looks like an introduction by the brass of the solution they are adopting.

That's where I am at.


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The above is a reply to the following message:
Re: I guess I've been in a cave,
By: DigSpace in ALEA
Sat, 02 Jun 12 6:53 PM 		Msg. 08256 of 54959

If I just start plugging in numbers I need Q2 revs to grow +20% from Q1 to make apparent current ATM usage ($1m/mo) barely adequate. All else (SBcomp, DA, dAR, dAP, SGA, RS) held flat. That still ends eoJune treasury empty. More like +35% (rev about $9m) to get to 7 digits left in treasury. That's a lot of new billings.


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