Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
hi sunset, sorry for your being suckered into this 20+ year old scam. sell anything you have monday am. this thing is going to ZERO in no time.
completely out of cash and can not raise any. no more suckers left to buy worthless freshly printed shares.
the 20-year long Spragues/PPers scam is coming to an end. how sad! NOT
this week is the last time wavx sp will ever be anywhere near 40 cents. as a matter of fact, last time you'll see 30 cents either (pre-split sp).
i strongly encourage you to do your own dd
ASM recap. Lies about MSFT/Wave relationship. There is NONE. More lies about Intel. Admitting the Samsung/Wave products available in late Spring was a complete lie. Government? Fatter chance to get a contract from North Korean one. The bottom line is nobody needs Wave or wants anything to do with it.
samsung/wave mobile products is a lie. crossing fingers won't help. sorry
i did not say Wave was finished 2 years ago. But I am saying they are finished now. Because they are. It's a fact. I'm not about to be surprised at all, because I know exactly what's gonna happen over the next 2 months. It will apparently come as a shock to you and a few others, but everybody else knows what's coming. Things are about to get very ugly for those who still have shares left.
bringing a COO at this point is at least 2 years too late. wave is finished. and here's my old response to tampa:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86108510
let's forget for a second dozens of his other lies and revisit the ceo's supposed statement delivered to you a couple of months ago about samsung/wave mobile product becoming available in late spring. it was a lie. and he's a crook. in many ways there is not much of a difference between sprague and madoff. once again, mark my words. after all is said and done, sks and a few others are going to jail.
sks is nothing but a crook and lier and belongs in jail where he will end up one day - mark my words. i have absolutely no doubt that wave is being investigated by both sec and justice dept. he has not been lying out in the open as he used to because he knows what's going on. so he must keep his fat mouth shut. the only thing he can do is spread the usual lies thru his surrogates which can be easily denied. example? the famous statement posted around about samsung mobil wave products out in late spring. who can forget that lie?
Skimoor, 38 cents per share is a tremendous price for wavx stock at this point. and if you're smart, it's a great opportunity to sell. i would if i had any shares. why not? they're gonna be worth 10 times less a month or two from now. even if you still believe that this company will somehow succeed down the road, you sell here and use the money to buy 10 times more shares in august. no need to thank me for this brilliant advise!
Michael Sprague is a bum. Only instead of Welfare, he's collecting hundreds of thousands dollars a year in salary and bonuses from Wave shareholders. in the meantime, they could not hire a consultant for a few thousand dollars, to make Scrambls work for MS Internet Explorer? This company is nothing but a scam. But it's ok, give it another month or two, and it all will be over.
like snackman and others, i vow to sell all of my wavx shares if there is a reversed split! lol.
for once agree. talking about the vote and voting is a complete waste of time. RS is gonna happen no matter what, and the sp will never hold above $1 long enough to avoid de-listing.
this company is dead.
the only question is how many people end up in jail after this 20+ year scam crosses the finish line.
Can somebody explain to me the purpose of a 4:1 or 3:1 revered split ? it obviously has nothing to do with staying on NASDAQ. because post split the sp will be bearly over $1 and no way it will stay above $1 for 10 days. so what's the point?
snackman, some time ago you posted a message from sks stating that he expects mobile samsung/wave products later this spring. april has pretty much passed. so i guess it leaves may when little old wave will be launched into mobile space with a loud bang that's sure to quite its critics such as myself. can you please check back and ask him for un update? obviously, i don't expect a positive reply. actually, i don't expect any from him at all. so he expected something to happen and it did not and won't happen. no big deal, right? after all there is all this north korean nonsense that has probably affected the launch date, pushed it down a month or two, or maybe a quarter or two, but surely he now expects things to happen by year-end...
however, why don't you surprise me and everybody else, and get a confirmation that once, just once, this fat overpaid arrogant lier and thief was telling the truth!
ATM? 2.5 mil shares sold at around .45
must be the ATM or another PP at even lower price.
hi saliba, i agree with a lot of your statements. i think the spragues HAVE been under pressure for about 6 months now, unable to orchestrate the usual pump and dump of freshly printed shares that used to get them out of the pickle every single time in the past. must be frustrating as hell for them and their dd/pp surrogates! used to be so easy.... just "wave" a windows 8 or dod carrot, hype it up, sp starts moving up, fools rush in, sp hovers over a buck for a couple of weeks with solid volume on no news but "see you in Vegas!" crap, delisting reqs satisfied, a few extra million shares printed to support the financially disastrous enterprise that Wave is under the greedy arrogant management, dd/pp folks selling their new shares short in the meantime for sure profit plus getting warrants... in other words, everybody's happy except of course regular shareholders such as yourself whose shares are diluted year after year.
Hi Saliba, I applaud your effort to reach out to CEO and get some answers. While I'm surprised he answered at all, I'm not surprised with his answer. Just like in his emails to snackman, he has a very interesting way to communicate. I've never seen anybody communicate like that. Have you?
PS. If I did not know him and of him, and I just read the email he sent you, I would say Wow! that's a CEO of a company! LOL. No wonder there is a second RS coming!!
via his surrogates, sks is telling shareholders that the rs is needed because major companies would probably not want to work with a company on the pink sheets, but will work with a company listed on NASDAQ.
There is no way Wave will survive the 2nd rs. There are no more fools left to buy any shares of this pos either pre-split or after. They can do a 1:10 rs and the sp will still not hold above $1 for 10 days. Mark my words! sp will be a few pennies by August, and that's post the rs of course.
DOD, MSFT, Samsung... Lies, lies and more lies!!!
I laugh when I read that nobody heard of Wave. Of course not. People don't hear about you unless you advertise yourself. Dah! Advertising of course costs money, something Wave does not have because it all gets funneled into the pockets of the Spragues family members.
Even if by some miracle, a company learns of Wave, once they look up and research Wave, what do they find? The same thing of course that everybody reading this message board knows. Fishy family run outfit, arrogant, dishonest, no customer support, no money... Will they be there in 6 months? Probably not. So do you think any CIO or CFO or CEO of a large enterprise will entrust the security of his company to Wave Systems? That's a rhetorical question, of course. If somebody does, he or she deserves to be fired immediately, and these folks do not wanna get fired, trust me! And so, there have been no contracts for 2+ years and won't be any, EVER!
hi sam, are you still invested? still following wavx anyhow? what are your thoughts these days? i would think the recent events should have opened yours eyes, no?
LOL. and the list is not even that short:
AVG CloudCare
Check Point Software Technologies
Glasswall Solutions
Symantec EndPoint Protection
Trend Micro
WatchGuard
Wave Systems
7 entries. so about 14% chance of winning this no-dought very prestigious award :)
I mean has anybody even heard of this award? MicroScope? I'm sure with enough "DD", a relationship between MicroScope and Microsoft could be discovered.
Today's tweet by Souren from Europe. If you're not familiar with Europe, well... it's a large piece of land on the opposite side of Atlantic which Wave has now owned for what? about 10 years or so :)
RT @JosephSouren: Wave has made the shortlist for the MicroScope Awards for Channel Excellence! http://t.co/JL93XrHHVg
No way Joe! That's just splendid! Keep up the good work!
GREAT POST. SPOT ON! I especially like "Distortion and Deception". I've got a good one too - "Probabilistic Polynomial".
It's funny how their Wave "DD" is always followed by a PP. Hm....
deering, you're assuming that Wave is a real company. sure Wave has got a few right attributes, but mostly it's just a scam.
Let me put it this way. It has more attributes of a scam than of a real business. they're not wasting money on Mikey. it's called funneling. the real cost of these scrambles is probably no more than a few thousand dollars, but supposedly it has cost Wave millions. If it were a real product, it would have worked for MS Internet Explorer by now, no? How shameful!
hi alea, i think we can both agree that wave has always had 2 opposite sides to it, just like any other entity in the universe. the good side (call it feel good side if you wish, which is not to be confused with the agenda driven "dd" garbage board) is all about the tech, and TC education and some meaningful business that did come Wave's way (Dell, GM and such). And then there is this dark side of course with all the arrogance, nepotism, lies, ridiculous salaries and even more ridiculous bonuses, the PP scams (if I'm missing something I'm sure blue has a complete list in his pocket).
The good side has always been struggling to survive under the enormous dark shadow. At some point (post the GM deal), it looked like it may have had a chance, but (and that's where you will disagree with me I think) over the past 2 year, the good has been completely suppressed and destroyed by ever expending dark.
And at this point, only the dark remains. It's won! It's taken over completely. I know you and dig and a few others think otherwise, you think the good can still prevail somehow. Good luck with that! I don't believe it's any longer possible.
ski, it's been final for a while now.
The sp should be 6 cents, not 60. it's being held up by a bunch of lies about Microsoft and DOD.
The fact is MSFT has no relationship with Wave, nothing, zero. Wave will never make a dime off any Windows 8 devices.
And as far as DOD, let me put it this way. You'll see a contract with a company from North Korea sooner than one with Wave.
it was a common knowledge admitted by the spragues, by the way, that Wave was a temp solution from the time TPMs started shipping to the time TC adoption takes place and big boys jump in. a window of opportunity if you will. opportunity to make a name for themselves, sign up some clients, become a reputable company and get to the next level whatever it might be. the opportunity has been spectacularly blown and the window is now shut for good, all thanks to the Spragues' incredible unparalleled arrogance, greed and stupidity. the end.
that's right. anything is possible. that's exactly what my post said. you can reread it if you'd like.
if one or both are developing it, you won't find a link. even wave does not pr tests and pilots. but i guess you can check out job postings. by the way, wave has only 2 the last time checked and they're the same one for a few months now, so they're not hiring which should tell all you need to know about where they are headed...
awk, wave is completely useless to msft and dell at this point, but there are other companies that might be interested. we don't know where apple and google are, for example, as far as developing their own tpm management software. at least i don't.
one of them may have been ignoring TC completely and if they decide to get into it, it might just be easier/cheaper for them to buy wave (won't cost a lot at this point, will it?) than start from scratch. on the other hand, it's possible that both apple and google already have their own software and it's being tested and will get announced soon.
the best news would be a buy-out of some sort. otherwise, the inevitable rs and pps will completely wipe out existing shareholders.
awk, how exciting is that! best news in 2 years and biggest contract too no doubt! street must be blind! thanks for all of your hard work!!!
The only thing the Spragues are truly focused on are their salaries and bonuses and personal expenses paid, and keeping things at the top exactly as they are, just the way they like'em. they don't care about profitability or reputation. they can not care less about sp or shareholdres or reversed splits.
their main focus right now is getting the old scam artists or some new one to orchestrate a couple of major pumps and dumps so they can get their 20 mils or so to keep the good times roll. if it takes to print 50-60 mil new shares, so be it. another 3-to-1 reversed split, who cares?
"We are focused on Sales, which drives the whole process". HaHa! That's just so funny! When were Sales driving anything for Wave? It's PPs that drive this pos year after year for over 20 years now.
The very simply truth about the relationship between Wave and Microsoft is that there is NONE. Microsoft has its own TPM management software and Windows 8 was effectively a nail into Wave's coffin.
One might say that Microsoft is Wave's competitor, but that would be an insult towards MS, because you can not really compete with something that barely exists.
Wave is finished! Nobody wants them, needs them or wants anything to do with them! The sp should be a few cents, not 70! They're completely out of cash, and can not raise any :)
this week is the last time sp will ever be near 70 cents. they're out of cash completely and can not raise money. the pump&dump machine looks to be broken for good, hopefully!
"If you're not invited to the table, you're probably on the menu..."
that's brilliant. thanks. i did not mean PP guys should stop buying new shares. well... technically, they never do. they just get the right to buy them after they sell them short to the 99%. and that's who my plea was addressed to, the regular wavx investors.
to those who still somehow see wavx as glass half full.
stop wasting your time asking questions during CCs, trying to overthrow the BOD or looking for imaginary potential. you want this investment to succeed?
at this point, only one thing will truly work - you must stop buying the freshly printed shares. just stop please! force the spragues to live by the means. if they can not raise cash by printing new shares, they will be forced to cut their salaries and bonuses, shut down the scrambles nonsense, etc.
Tampa, gift of gab? you can not possibly be serious. My 17-yesr-old is more articulate and convincing than sks. I disagree about the vision too, but it's too long of a conversation.
"leave Steven as the Marketing face of the company"? do you have any idea what kind of reputation the guy has? and that by the way is far beyond any repair.
i think all that shenanigan last year about BOD was a useful distraction to take the heat off sks. and it worked. and it's probably gonna happen again this year. everybody is gonna be focusing on pulling a couple of old farts off the board while the real problem is the ceo.