This uses regex to match files ending in .wav or .draft (which is what I interpreted you to want). Xargs then processes the file. You could use flags to have xargs pass the file names in a specific place in the command, which can even be a one liner shell call or some script.
So the "find <regex> - xarg <command>" pattern is almost fully generally applicable to any problem where you want to execute a oneliner on a number of files with regular names. (I think gnu find has no extended regex, which is just as well- thats not a "regular expression" at that point)