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Do rights holders receive $1 per share with the FDA approval? It looks like that milestone may have expired in April 2014....
thanks
JD
Alea
But counting prechickens from the supply side is a rum form of exercise.
problem with your statement is if you count "post chickens" Wave won't be trading for less than $10 share. Now that's a lot of chickens.
JD
Kisamura
That's a great analysis Bodie
YES waveytrain
they painted the tape with a 140k trade at 4pm above the ask
Thanks Hack
As a long time wavoid and a member of the "IC" your chart input here and there on WAVX is much appreciated
Cypher I have the answer
shorting at .85 was not a good idea
and your last short of WAVX
aint so good
Bluefang
Why do you continue to directly associate Steven's actions with Michaels? If Michael's job was to write the code for WXP, Scrambls, etc and the product fails is he at fault?
Now if you have evidence that Michael directly stole share holders money or was incompetent I would like to hear it.
I honestly don't understand your argument
JD
Expat
Should Michael be fired because his last name is Sprague? You seem to make that argument. Perhaps Michael is a five star employee. I have met him several times and have always found him quiet and a tech geek, I think if he didn't add value he would have been sent packing by the current CEO.
I think Solm's has done a ton of cleaning the past few months. I expect positive guidance in the upcoming call and expect Wave to show a profitable Quarter in 2014. Once that happens and the street can apply a multiple in one of the hottest tech sectors of the market the share price will move quickly.
JD
"going concern"
Does a potential customer look at Wave differently today then last week? I believe so....Wave is now shipping their software and being paid by the largest OEM on the planet. The per chip royalty should be between .25-50, How much does those revenues effect their bottom line? I would think some of those "going concerns" may be lifted.
I do agree that Wave has being using the ATM to a very high degree and your scenario makes a lot of sense.
Wave shares traded at .70 less than 2 weeks ago they have since gained more than 40% according to my math
With wave 40% off its lows 2 weeks ago and your assumption that the atm is turned on then we can assume wave shares are being bought at a record rate
Scrambls & Esign
SKS has stated many times that Esign operates around cash flow break even...He did so on many CC in the past. The current state of Esign's revenue/profits/loses are unknown under Solms but I doubt it will cost Wave much (if anything) to run over the course of 2014.
At the ASHM in June SKS spoke about Scrambl's burn. While initially it was running at a cost of 100k per month he stated in June the costs had significantly decreased after the initial R&D phase.
I think Solms has both well under control and Wave pointed in the right direction for 2014.
JD
waveduke: Great Post
I don't think Wave investors have long to wait. The die has been cast and WAVX will be a part of this new security ecosystem IMO.
The only question remains is how much of the pie Wave will gain. With Solm's and his new crew at the helm I LOVE our chances
JD
Expat
With Festiveis right around the corner how could I not celebrate.
Thanks for your concerns
JD
ATM: yours mine and hers
Alltime Highs eom
So we're in agreement. Wave has an additional 180 days to comply and bring their bid price up to satisfy the 35mm Cap.
JD
That's not the way I read it. Wave has 180 days to comply once they are notified.
JD
Market Value of Publicly Held Shares ($35M Rule) 180 days
A failure to meet the continued listing requirement for Market Value of Publicly Held Shares shall be determined to exist only if the deficiency continues for a period of 30 consecutive business days. Upon such failure,the Company shall be notified promptly and shall have a period of 180 calendar days from such notification to achieve compliance. Compliance can be achieved by meeting the applicable standard for a minimum of 10 consecutive business days during the 180 day compliance period, unless Staff exercises its discretion to extend this 10 day period as discussed in Rule 5810(c)(3)(F).
Meet the new boss, same as the old boss?
Does Bill's daughter intern at Wave too?
TIA
But Barge:
Steven's daughter was an intern at Wave, how could any real company take them seriously? theIr a joke..right?
Remember wave's products are crap? nobody would ever deploy their crap. Their window of opportunity has closed......
SAMSUNG BEGS TO DIFFER
Telstar:
With this incredible find it would appear shareholders on this board will sell out quickly Monday morning, that could mean a couple of thousand shares, my goodness we'll have to brace for impact
JD
Have to get my guess in for revenues this quarter 5.3 million.
ANY CHANCE WE CAN GET THIS YELLOW LIGHTED? ITS YOUR BEST POST TODAY
trust that's a mouthful
I also heard a rumor that he is trying to build a rocket to land on the sun. They are still working out the engineering. In order to be successful their planning on a night landing
I like my scenario better, although I must admit, both are equally as probable IMO
JD
As Solms is an insider (he's been with the company for a fair bit)
the man has been with Wave for less than 6 months, is that a fair bit? What's interesting is that Solms was appointed, not Berger or Souren. Seems to me the rest of 2013 will be interesting to say the least
JD
Jermart
where do you see Wave's share price by years end? Is it a five star short play for a quick 3 month score at these levels?
TIA
JD
Visionary? That is more amorphous and more subject to subjective interpretation
According to most here Wave has been executing an elaborate scam for 15+ years. Doesn't that show incredible "vision"
Perhaps Wave should be at the top of the Quadrant...
JD
Cypher check this out:
He was no doubt created by an elf admin in Dubai
Charbel MECHELANY
Projects Director at Qwaed Technologies
Arabie Saoudite Computer Software
Charbel MECHELANY's Experience
Projects Director
Qwaed Technologies
décembre 2011 – Poste actuel (1 an 9 mois) Riyadh - Saudi Arabia
Qwaed Technologies PMO Office Saudi Arabia
Projects director December 2011 – Present
?Oracle ERP application with RG (Royal Guard) in coordination with Savvytek
?Oracle ERP application with RSADF (Royal Saudi Air Defense Force) in coordination with AppsPro
?CRM project with MOI (Ministry of interior) in coordination with Fujitsu telecommunications
?BPR project with MOI (Ministry of interior) in coordination with Genpact/headstrong
?SABIC account on SAP ERP application in coordination with Genpact/headstrong
-Define projects that are aligned with the organization’s core strategies.
-Prioritize projects and link them to corporate and strategic goals.
-Participate in Steering Committee meetings and decisions.
-Meetings and presentations to secure new accounts and customers.
-Managing and assigning projects according to their characteristics, management related methodology and PM experience.
-Tracking with Projects’ Managers the development and implementation of strategic plans within the budget.
-Working closely in an interdependent manner with the contractual department to generate, negotiate and finalize contracts with suppliers, clients and sub-contractors.
-Supply chain management.
http://sa.linkedin.com/pub/charbel-mechelany/15/821/262
Crypto
Thanks for the explanation. I have to go now a sell all my stock
JD
Trusted computing will take off, but not to the benefit of Wave. Their strategy is all wrong, and all over the place..unfortunately the wrong places.
so I suppose software support for the tool that is the basis of TC (TPM) won't be worth while
I got it now
thanks
unlikely that in such a case Wave could hold Op Ex
Tkc,
I believe you are wrong......Wave has between 25-30 sales people all over the world selling very little at the moment. I doubt you will see a substantial increase in that number over the course of 2013. The Software cost them pennies to produce. I can only see hiring's occurring in customer service and perhaps some added tech support jobs.
I see operating expenses growing at a much slower rate going forward as compared to revenue. Now if Wave could post a 15 million quarter one of these days and operating expenses jumped to 11 or 12 million I wouldn't mind either
JD
I think I have it
Plan A was to short heavy at $1.10 and more in the $1.40s (per your postings)
Just like to keep it simple. Glad to hear your armed and ready
JD
you gotta love when a plan comes together JD
Are we at Plan B or C this morning?
Fasten your seat belts
Seems like a perfect time to keep shorting this stock, right?
Exactly right Snackman, One poster here called shorting Wave "easy money" just a few days back.
Perhaps he/she is looking at this as an opportunity to short more.....after all this is W A V X
JD
you gotta love when a plan comes together JD
Yes Jermart you gotta love it when Wave gains 30% in a week and the shorts celebrate. Can't wait for the party once its 300%
JD
No Doubter Here
Probably under a buck again by Tuesday, same ole Wave I guess
silly me
keep up the great work
Correct Jermart
so what are the shorts doing at these prices?
a)Holding
b)doubling down
c)covering
What's the call today?
WAVX goes on the pinks this week. Im guessing it closes at 60 cents Friday
you gotta love when a plan comes together
JD
TKC
I am just stating the facts. But Facts in Waveland might be something a bit different
JD
tkc
INCORRECT
The number of authorized shares is still 150 million. The additional shares were only authorized if the RS didn't take effect
carry on