Wave is EMBARRASSING 67 CENTS a share after more than two decades!
A testament to the ineptitude pre Solms . It doesn't look good for the turnaround specialist though either its kinda looking like wave may have been too screwed up to be able to turn it around . Wave Systems corporation the most disgracefully mismanaged company ever listed on the Nasdaq!!!!
Has the genius ever apologized for wasting shareholders money on stupid stuff like advertising on an obscure electric race car ? What about iflophere or wavexpress what a huge waste of money ! It's probably no wonder why wave has had to dilute shareholders with all those piddly private placements and the atm after the genius wasted that 120 million , how many years ago was that ? No one respectable was willing to take the risk on donut boy after he blew through all that cash with nothing much to show for it , I mean who would be stupid enough to give him another 100 mill after he wasted the first 120 million ? The Answer, bleed the shareholders , that was the only way left to fund the debacle called wave systems !
EMBARRASSING, EMBARRASSING, EMBARRASSING ! WOW