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Speaking of worthless...I am dumbfounded the old regime didn't get car wrap for their vehicle in wave advertising so they could have sold the space back to the company.
Maybe he would feel better about it if Solms had a brother he could bring on board who could suck money out of the company as well. And if they are lucky he will run a subsidiary company out of the living space so he can bill the company for that same space.
I guess this suffices for news when there is nothing of substance to report in light of disappearing revenue from DELL being offset from the one sale that was announced. I guess this keeps the invested longs at bay for another quarter.
Bet there are some shareholders who wish the performance of the stock was being delivered through scranbles since around 2006 or so.....
Since the quarter just ended I would love to see what some of the longs expect the numbers in the 1st quarter to look like.
This is an indictment on the quarter to come yet again. Take away the PP and the deal they signed and the revenue number is going to be weak.
Huh...thats kind of the same reaction many of us got from those on the boards when stuff coming from sks did not add up...when we asked if Credant and others of their ilk were a threat to wave...you know. ....noise and distraction as it was called. Or agenda.
It seems to me the formula for success was selling a thousand shareholders . I can remember when wave was pushing mypublish or something way back in the day..the genius was pushing this to wavoids by saying they could publish some research they had done ON THE COMPANY and trying to get people to buy what they put out.. man if that wasn't a red flag..........
It also explains why dots have so much meaning...why seeing a product on a website or a sku number has wavoids in a tizzy. Those numbers do not equate sales. Ollie's Outlet and Overstock.com can attest to that.
The fortunes of the 1st quarter are being shown in the volume and price with 3 trading days left.....that is the better indicator than anything that has a link to an article or some barrel of monkeys arm to arm linked post going back 9 years to make a point.
There has only been one thing the shareholder in wave could rely on throughout the whole existence of this company. What is known and what can be seen has dictated the direction this company has gone in. Period. The shareholder has reaped the result of that both good and bad.
For years we saw posts about how the market was being manipulated by the bad traders and those who wanted to see harm come to the shareholder. The fact was the product was there, the company misfired, or that conclusion was reached based on faulty and/or misleading information.
There have been reams and reams of DD posts that point otherwise, but none of those have been able to trump what is known and what can be seen and quantified. None of it.
That type of talk is of the rallying of the troops ilk. It is based on nothing other than frustration and desperation wanting something to happen. The statement today should be the stock isn't really moving any shares at a non split adjusted .058.
I agree but it's laughable in the context of this company...the risk has been born on the back of the shareholder nearly every time..except when they were selling the receivables for cash..
It's quite obvious that the pain threshold for these companies has not been reached. I believe this pain for the company along with an apathy by the consumer will allow these types of things to continue without any action being taken to continue until a major event occurs. That event in the form of a customer revolt has not happened. The event that has taken a company down and out of business completely has yet to occur. The paying of the fines and what has been done to this point has been fine. The public at large operates under the assumption that some of it's data somewhere has been compromised.
http://news.yahoo.com/target-agrees-pay-10-million-settle-lawsuit-data-014756176--sector.html
It's just not the words. It's when the words and the result that are visible are not in concert. This has been the wave way for nearly as long as I have been around. The problem is there have been many posters over the years that have posted their best guess going forward and along with the words emanating from the confines of Lee that at best have kept a substantial portion of the shareholders hanging on. It's just those damn numbers that were treated as little more than a distraction every 3 months or so keep getting in the way.
You have 13 calendar days left in the quarter and outside of the one sale there has been nothing to grab on to on the financial end of things. There were some good words posted about the contract they signed. I was one of them. In reality it doesn't cover the losses of the DELL revenue over the course of a year and that 2.3 million is for a three year time frame- paid up front so I have been told. It is a patch along with reduction in other expenses that will try and fill the crater DELL revenue has left.
Not kidding.. I went back and looked at my account history. I bailed out of my major holdings about 8 years ago. I ended up finding shares in an account that I didn't sell at the time a few years ago after thinking I was out and I found out because I had a settlement fee on reorganizing the shares thanks to the reverse split-$20 for that pleasure. The shares I moved out from under I lost a few thousand dollars on. The 8.04 was the loss on the 416 shares I have left yesterday. I've got 1053.43 cost on those shares so in reality it's down a little over 625. At worst I will walk away losing less than 7500...but I don't look at it like that because the money I took from selling those underwater shares I moved into some other stuff that made some pretty nice gains.
The shame of what has transpired here is that we have seen some of the truly greatest periods in the markets take place since the mid 90's and some of the investors in the stock had their money and time squandered in this equity-too afraid to make a move and miss the run up that never came.
Well that's another $8.40 down the tubes....
Ok ROT I agree a sub 5M quarter is likely
I was thinking the your cash number at the end of the quarter was about 1.5 too high, but that was assuming the 3.2M was going to be recorded over the next three years. my bad. I see DELL revenues falling off the table again. I also believe you are going to see some pull back on the enterprise billings, in spite of what you think.
I haven't read anything about the employee count rising-everything seems to be pointing in the other direction-bring costs under control. You had a sale of stock near the one third mark of this quarter. You had the sale close a month before the end of the quarter nearly a month after the PP.
How many times have we seen on the boards- and from you- the lag time it takes to close a sale. I have to believe they had an idea that sale was going to get done before the PP was done.
We have seen no other PR about sales and zero strength in the stock.
This is what I base my gut feeling on, contrary to your belief about wishful thinking on my part.
I still have skin in the game with my 416 shares...........
ROT it cracks me up that the 2.3M order you site is nearly impossible to find on a Google search and is not even on the new items in the Yahoo financial section, but I know it happened. I also thought I saw they weren't going to collect that revenue all at once. I think you are probably going to see revenues drop in this quarter. I think DELL is barely there. I believe that some of the revenues you were counting on continuing from the 4th quarter won't be there because I have a feeling some of those revenues that were booked ion the 4th quarter may have been 1st quarter spending for some of those companies. I think you are probably a minimum of 1.5M too high.
That prediction made by Dig is one of the only ones to ring true. The only other one to come close would have been those that predicted DELL revenues disappearing when Credant was acquired
The rules don't apply here because this equity is special...the cumulative losses are an illusion.
Blue here is something else that does not add up if you want to go down that road. Many posts talk about how companies don't want to make public the security choices they make. Fine. Here we have articles about companies bemoaning security. You cannot have it both ways and we have seen this not just recently but over and over again the past few years. I would hope the sales folks are making the calls to these companies as soon as they see these types of articles.
If they have in the past and are coming up empty dealing with companies that are publicly looking ........
Alea the relationship between long shareholder and CEO and carrot dangling have been intertwined for years
Your avoiding the question..even with the 2.3, they cannot run the company without diluting the shareholders with the sales they have now..with the known, not with what the shareholders hope for.
Some revenue..doesn't sound like a lot.. the announced gov't customer which I think was discussed yesterday that hasn't produced any revenue and non material one's which are producing very minimal revenues.
So basically without the ability to dilute the existing shareholders the company would pretty much cease to exist.
How much revenue has been generated so far by this product? I can't keep up...saw 3.0 being mentioned and thought maybe it was supposed to be out already. It's hard to keep all these non revenue producing products straight.
Before you hit me with the deals they have and money coming in answer me this.
How long would you be in your home if you brought in less than you had to pay on your mortgage and bills associated with that house?
Would wave still be in business if they had to rely on just revenue?
I get that I might not understand all the nuances of the space. What I do understand is that nuances has provide plenty of damage to those investing in this space because it has gained greater credibility than the performance of the company.
Here's a question..if you were an investor looking for a new stock invest in, would you place new money in this company today never having owned a share where the only DD you had access to was the financials and PR releases? What would your timeline be if you decided to invest? What would that timeline have looked like taking that same investor had they bought in the first quarter after Solms took the reins?
Remind me, is this the first time a product offering from this company has been delayed since you have been a shareholder?
Alea, I could not agree more. I think what gets lost is the harm this type of posting accomplish. I understand fully wanting to be on the right side especially when you have large sums of money riding on the outcome, and severe losses waiting should the bet be placed on the wrong side. It seems like many get caught up in the scope of the opportunity in the space, but not the performance of the company in the space. I've seen the case made that nobody is make money in the space. Ok, then what has this company done to combat this slog?
This isn't just about certain posts or the posts in general. It's about the whole picture. It's the posts, it's the words from the company, it's other posters who question the veracity of those words and posts of those who see things differently than the results. Hell in the past we have seen posts that spoke about not having to pay attention to the numbers and how it was a good thing the CEO may have been less than forthcoming..
When you don't have a news stream coming forward above is how you have investors cobbling together information. What I don't get is that the tenor of the posts for years that stray from the narrative is based on the performance of the company only and that has been severely lacking. Yet the perception, which becomes reality, is of these sort of posters wishing to harm the posters or the company somehow. They company has done a fine job of that on it's own.
What I find interesting is the spectrum of uses for the product, all types of identification and the ability to differentiate counterfeit product from the real thing, to being able to tell if your crops are receiving the right nutrients and moisture while growing. The uses for that product seems endless.
I referenced that as a deal in place that has zero risk for the company-Samsung- being involved. They have product that is not reliant on anything wave related to make a sale.
A 2.3M dollar deal which is the first revenued deal announced in how long? does anything but do that.
Was this old technology they closed a deal on or was this the new technology they are pimping out now-please remind me.
We are a few weeks away from the closing of the quarter...how many revenued deals have we seen announced in this quarter, taking away the 2.3M.......crickets. Don't play the the don't have to announce everything card. The quarterly reports call BS on that line.
If the revenue from this deal is spread out like I thought I read it basically plugs the bleeding out left from the DELL deal correct? Deal with me in the present, not with what might happen.
Pursing isn't done. Wave has been pursuing for years.
I would like Solms to prove me wrong, the comment he had about holding above a buck when delisting is coming near dosen't instill confidence...not when he can get it over 3.50 with a 1-5 split. I don't think the stock would pull back under a dollar in 10 trading days.
You and the other longs wouldn't let it happen.
Zen saying it's a new company is a very tough sell..not so much to the shareholders like yourself and other who have money invested and have decided to let it ride. The tough sell is to the companies that have had dealings with the company prior and have no financial connections or anything at stake. The deals they have in place with Samsung and others carry zero risk for the companies they have partnered with. They do not have a lot of deals in place. We can speculate the market isn't ready, companies are reluctant to work with wave either because of the financial situation or because of past reputation, or the product just isn't what it seems. This can all be perception and unfortunately for wave that perception is reality unless things change on the financial end for them.
If you want a good cheap speculation check out VSUL.. I think at the very least what they are trying to develop really has my interest peaked.
Zen I can't say that I disagree with any of that...but it is pretty much the same product line with modifications and so far the results have been worse than what was going on before. The 2.3M is nice, but in reality it is just replacing a portion of the DELL revenue that has disappeared. That leaves the balance of the revenues from DELL and the other deals gone still needing to be replaced. I won't count what might be coming unless it shows up. We have seen how well that has played out.
If there ever was a company where one could say I would rather be on the sideline, or later to the game this is it.
Not true ROT..there were posts just yesterday on a MOU which really means nothing as far as potential revenue that had people extrapolating value when this relationship has generated revenues that equal... remind me again how much revenue this has brought in.....
The only validation will be on the sales ledger. Everything else is staring into the pretty lights to the right so u forget to pay to what really matters on the left.
And this has translated into market share how?
As we have seen for many years from many posters there have been many dots, white papers, words from those in the know, and opinion that have tried to make the case for what is being offered by Wave. And it fails all scrutiny as it pertains to this investment.
Period.
The sales validate this as well as the share price.
The growth of the investment is how one keeps score when you buy shares. People love the story but you cannot retire on the story. You cannot be right at the wrong time when it's your money on the line.
I would counter with DELL being a major reseller that has probably sold many companies their fleet of computers giving a purchase quantity discount. With this business model it probably made sense for them to offer their own branded solution with their PC's when they were selling an entire company on their product.
The interoperability of which you speak is still a non factor today when it comes to the TPM. You cannot argue this is an impediment when most people still don't realize what a TPM is or does, let alone the interoperability of it. It's bogus. The lack of mainstream knowledge backs this up.