tkc, certainly nothing prohibits Wave with providing *additional* information, e.g they have been giving ATM use *to date* not close of last quarter (at least so far) and they are certainly allowed to communicate *more* to shareholders ... e.g. current cash position, current burn, scambls cost per month, day, week, how much they spend on paper, doughnuts (with pun!), travel, sector sales, etc.
Don't hold your breath, but a current cash thing would not surprise me if end of Q is where I had it (~nil).
I think the timing of the PP indicates end of Q cash was totally flat, they had to toss a couple mil into the treasury just to get through the CC, otherwise, at the amount raised, they could have just sat on the bid with the ATM.
Or, the bonuses were only delayed for a bit and they needed to pay them ... I assume the bonuses went on AP (if NW is correct on the deferral, but Wave mentioned no such thing). In that case they can clai a current cash today, have a high AP, and then pay the bonuses on Monday.
Fumes baby. Fumes. Crack fumes. Treasury fumes. All as Dig Space fumes.
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