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Types of news...
We haven't had any revenue rescuing news since?
We are moving down into the "forgettaboutit" share price range and things are dark, very dark.
Hopefully out of the chasm of the moment will arise a shining beacon representing the future of WAVX...
I've been looking around for a few wise men... they all sold years ago and retired in Florida.
Validation.... not Salvation!
If we get a MAJOR order from a MAJOR player to implement our VSC it will validate SOLMS focus, approach and the viability of our product chain.
If we don't get a MAJOR order, and soon, there would be necessary argument for the inverse of the above.... in my humble opine!
Vader
Over our heads?
It's amazing to me that the new guy was able to sell as much stock at the price commanded to help float the boat for this period of time.
We've experienced no announcements related to revenue, watched competition make their proprietary inroads and now are getting dunked in our own bath water....again....
Feels very comfortable and familiar, no?
Are the rats going to start jumping off the ship?
Traction, Inaction, Reaction ?
Vader
Stock Price Movement vs Sales Announcements...
I "hope" today brings late day buying and another vaporous runup...
I'm more interested in the first announcement re; sales under the new leadership...
So, in the interest of civil interactivity with fellow shareholders, I hope it goes up 5 bucks on no news... so I can sell all my holdings, then hope it goes back to 1.15 30 days later, where I can buy a triple butload, then goes to 50 on real news 2 months after that...
How's that for a plan!
Private Placement saviors.....
Gotta believe even these guys are getting a bit testy....
Something like Walmart would make all of our collective anxieties subside quite a bit....
Re; New Employee living/working near potential Strategic Customer
Well,
We've had zero news re; new consequential revenues of any sort since the new boss took over.
I hope and believe he has it firmly by the nether regions and is close to sharing some positive... and real... news that indeed has consequential revenues.
That being said, what kind of revenue could a Walmart bring our way if they went "all in"?
What kind of revenue could a Walmart bring if they also told all their suppliers that they must also move to a "trusted" environment to participate in their plan? (Similar to the USG and CAC cards, etc.)
Vader
Alea... Better place today with new leadership
The new boss has established;
1. He's in charge,
2. He has his own team in place,
3. He can sell stock better than the old boss...
Unfortunately, unless and until he puts up revenue numbers that make it happen for us shareholders, he will have to keep hearing "THE WHO" playing... "Meet the new boss, same as the old boss!"
Samsung, MICRON and all the rest have no value until they have value... and so far, they are nothing more than fluff announcements...
I believe they will pan out significantly, as to why I am significantly invested...
However, nothing yet has changed that we can eat or drink...
One note... How the heck was he able to convince folks to buy a butload of stock at such high prices?
Answer; Don't know... but that was some pretty good wizardry....
I hope it plays out consistent with what we all hope it will... and we can then all "coin" him in Vegas...
I really believe if he pulls it off... we should ask him where he wants the party!
Vader
"June is ????"
A number of years ago snackman made the famous June call. He has been ridiculed forever by many for that prognostication...
Well... like a good wine... Snacks may well be proven right.... unless May beats him to the punch.
Note: It's the tech guys... not the "techie"...
Solms is out in front and carrying the flag... he's going to stick it right in the heart of the landscape littered with the security winners of yesteryear.
Go June!
Vader
Last mile guy... in a two kilometer race!
Wild Bill Sales.....
As to the comment re; new sales from our new leader....
We have inked a deal to sell some of our receivables.... discount of course in favor of the "receiving" party....
I guess that's better than selling our stock.... of course also at a discount...
All brought to you by your loyal and diluted fellow shareholding team!
VADER
Registered Intent to sell? Sale? Short? Similar to impact of a PP?
This quick way for us to get the IP for what looked like nearly 500K in stock may have been the only path to get the deal done, for either cashflow or other reasons.
The impact however seems very similar to what happens when we've done a PP.... we get the money (this time the IP), the stock gets hammered by a short against the box, or something like that....
So, for what appeared to be a deal where we trade about 500K value in stock, we collectively lose nearly 10M in market cap... (.30 per share at 35M shares or so)
I love this company. The math couldn't be serving us any better.
Alea...thanks for the counsel!
Good morning Alea,
1[color=red]. the pipeline wasn't a pipeline by any reasonable definition. it produced no discernible orders. so by a process of reduction, it must have been the old speculation (aka carrots) repackaged under a new name. [by the way, what happened to that $50m in q3?] [/color]
Q001; Was our current CEO part of the team that helped develop those projections?
2. cash is in the published figures.
Q002; Yes, but it's trailing data.... and now we have a BOD trying to put wind in the sails with a provisional CEO, apparently no pipeline and no cash in the bank?
How bout a WTFO report.
3. exo5
Q003; And again, why was this necessary, who on our team deemed it necessary, how soon will we derive revenue from that "payment", did the Board object to this transaction that seemed to happen very close in time and space to SKS departure, etc.?
First Communication with Shareholders?
1. Do we really have a pipeline or is it a pipedream?
2. Where are we re; Cash needs vs cash collections?
3. What is the name of the "unnamed" entity we bought IP from with stock? Why did we use stock? Didn't they want $$$? Which project is this related to? are sales imminent from that project?
Just a few "Q's" to kick off the new guard!
Barge...Coincidental Demotion?
Barge, I also find it mystifyingly coincidental that the purchase of the data rights/code from the mystery company and the demotion of SKS happened within a few days of each other...
Did one trigger the other?
Was SKS removed because he wanted it or because he didn't want it to happen?
Nobody on the other board seems to want to discuss these two transactions "coincidentality" in relation to the calendar...
These two things happened close in time... and they are both cloaked in space and time.
VADER
Barge... I don't believe temporary...
I also don't believe the BOD woke up one morning, had a group coffee epiphany about our collective dilution and record of poor performance vs projections and said "Hey Steven, SEEYAAA!"
I believe there is something strategic that perhaps SKS wouldn't support... and the BOD made that strategic decision and then gave the "chair" to Solms... who by all accounts appears to be a very focused and capable guy.
As I am agnostic to whoever sits in the chair, I really didn't care... I want the BOD to show me the money.. again, I'm easy to please.
I wasn't planning on crowing to my friends about how I stuck with this little known nothing company in the face of all odds and made millions.
I was planning on giving those millions to my kids and grandkids as the proverbial icing on the cake.
Until this change took place, all I could expect in the near term was a few cookie crumbs!
VADER
Barge... Wrong re; Everyone!
I for one, have not jumped on that bandwagon. SKS is not longer our CEO. That may indeed be a good thing.
Frankly, I don't care if Bozo or Spiderman is our CEO. I just want to make money on my investment. Period... very simple to please.
AS to TPM's being activated... the question is will they indeed then be managed and by whom? Or just activated and glow in the night?
VADER
Barge...critical to TC or WAVX?
Isn't it true that windows 8 subsumed WAVX with the advanced features of bitlocker, etc.?
As I understand, perhaps incorrectly, we are not needed nor ever referenced by MSFT as part of the "TC" package for Windows 8.... I thought that we are the legacy technology for "7".... of course proving that we are going no where fast based on our hockey "stuck".
Why will WAVX explode with Windows 8? Please enlighten all of us?
Why the CEO change?
Is there any connection between the issuance of a boatload of shares to the "un-named" company to the CEO change?
If anybody, who has the authority to engage in this type of contract?
Does that authority include swapping stock for intellectual property?
Does that exchange of stock have to be endorsed by the Board?
It all seems coincidental in relation to time and space...
????
CLOUD MANAGED SED's???????
How bout this little tidbit...
Anybody every see this WAVX link on this site?
http://corpiva.com/information/san-francisco-ca/exo5-llc
Looking Somewhat Familiar?
Coming July 15 — EXO5 2013 Release
The forthcoming 2013 Release introduces new functionality that brings even greater security and manageability to your laptop fleet:
Full Disk Encryption
Centrally deploy and manage Windows Bitlocker and OSX FileVault to provide an additional layer of passive data security to your corporate assets. Fast, OS-native encryption ensures the best performance, maximum compatibiltiy, and ease of use. In addition, Bitlocker and FileVault are fully compliant with most industry data privacy regulation.
Wavx stock for Code?
Anybody know who the founders, principals, officers, shareholders or board members are of this company that we exchanged stock with?
"Visionary":
"1. One who is given to impractical or speculative ideas; a dreamer.
2. One who has visions; a seer."
So, as I saw over 200K shares turn into 50, would that make me a dreamer, a seer or an idiot?
VADER
Blue, et al. re; Dilution or "buy in"?
Why so negative... having no knowledge re; the transaction whatsoever, what "if" somebody like MSFT wanted to create a "ghost" type of a JV re; this "product".... and wanted WAVX to buy in...
Even if WAVX's success is the last piece of the puzzle to their product's ultimate launch... they don't have to give it away...
In essence, Dell has been building out a trusted computing foundation using WAVX software...
Why couldn't somebody else of consequence want to take advantage of the next big thing and benefit from WAVX's success....
Even though WAVX is paying the other company for the "IP", it could be acting as a strategic buy in!
VADER
BIOS FIX?
Thank goodness the BIOS issues are fixed. Maybe we can have a few hundred demos and attend a few conferences, symposiums and win a few more awards to help get the word out and then maybe...just maybe... we'll get one of those deals we've been waiting for!
Dots to Dollars or Denial to Death Spiral?
Having watched, and "financed", WAVX over a number of years it has become increasingly clear that there is a binary game at play.
We are either truly following the dots (perhaps more prevalent and tasty now than in the past) to the ultimate dollar reward or we are denying many quarters of performance or lack thereof that is leading us down the death spiral, either towards WAVX's demise, takeunder or privatization.
When I say that we've financed WAVX, I speak of all shareholders who have continued to hold permitting WAVX to finance operations with countless offerings over the last 10 years. Some, not I, say that this is better than debt, etc... while I personally believe that WAVX's balance sheet and history of losses would have been a tough sell to secure any type of financing over the past years.
So, are there dots on our foreheads that people will get to pound one day saying "why were you so frickin dumb!" or will those dots be converted into commas on the eventual value of our shareholdings?
It's a pretty sad exercise when one reflects on the last few year's market value performance for the saviour of the internet.
A few things seem apparent;
1. We have been measured, they know the wavoids are willing to hang in there and accordingly prop up the value of the stock permitting the continued practice of dilution for operation needs.
2. We have been found wanting as we respond to even a hint of success, spoken at conferences, demos, presentations, etc.. by carrying the torch forward as if we were original organizers on the IPO broker tour in our thousands of "DD" posts over the years..
The real question is we will have been found STUPID!
Vader
"DD" and nothing...
Jermart is right... not a little right.. but dead on, center mass right.
We have invested and not been rewarded.
We are hanging our investment futures on commentaries from conferences that portend some future announcement in adance of future earnings... that may or may not come.
We are the lemmings...
Can you all imagine if all the money that was invested by all of us was used to start up hot dog stands or pizza parlors?
We'd at least have real estate and building and a few beer stories to tell.
As it is, we have a fraction of our collective investment and we're waiting for the same ol same ol.
Let the force crush us.. for we have been kept hoping from the darkside!
Vader!
"Hoping"...
Yep, been doing that for many years and we're below .75 pre split....
I believe, but then again, what's the definition of insanity?
These type of press releases have never to my knowledge ever portended something bigger, better and greater on the horizon. Maybe this time it's different.
All I have to say for this fine Friday morning is that we are all either members of the dufus brigade or about to become wealthy on the magnitude of stupid.
All, imvho,
Vader
Revenue projections and the most recent stock registration...
Let's all pretend;
"If", and I stress "if", WAVX was in a position to be awarded a large government contract they would be subject to a financial systems and capabilities audit.
That audit, amongst other things, would review most recent audited statements, bank lines, etc... WAVX's statements and filings show losses, limited cash reserves, no near term promise of earnings and no credit lines.
Now, WAVX finds out that while they have good product that the government customer wants, the government might have determined that they are too risky of a play to award a significant contract to in light of the above facts.
Accordingly, WAVX secures a "line of financing", that has no ill impact effect on the balance sheet that arguably provides cushion for contract award, execution and anticipated and projected cash flows.
WAVX then is awarded the "large" contract..
So... the question is, "punk... do you feel lucky?"
The only thing that makes any sense to me re; the most recent filings to sell stock, etc... is that it was required to secure business of some type..
All, IMVHO, Vader!
Digital textbooks, schools and tpms?
Wouldn't it make perfect sense that a university would recognize certain tpms on certain machines and permit download of textbooks for the semester?
How bout a trusted student?
vader
Apple? Consumer? Textbooks? Next Week? WAVX?
So, Cupertino going to pay off with a cloud based, consumer application providing digital textbooks, etc.?
Next week big press conference? Where? When? Where will SKS be when this thing is happening?
Are we ever going to announce new product, new sales, new deals, etc. or just keep flashing the "relationships and support" leg?
Vader
35 minutes at Samsung CES Party...
Well, just listened to the first 30 plus minutes or so...re; those consumer and business (notebook/ultrabook) devices.. President of this, Senior VP of that, etc..
Never once did I hear the word "security"...
Let me repeat with a deep breadth. Never once did I hear the word SECURITY.
Maybe they talked about it after I clicked off.
If we're in some of this stuff, it has to help them make money... and for us to make money it should somehow be related to all of our product development and investments to date...
Anybody have any ideas?
Vader
CES 2012... News today?
We've hyped it into a consumer driven frenzy the past week or two. We have no news as of yet today.
TV's, tablets, phones.... WAVX at CES?
Vader
Patiently waiting for news?
Not sure if we are ever going to close all those deals, be part of something bigger and better (Samsung, Microsoft, AAPL)...
Right now, our collective investment history makes us the financing fools and the short's tools!
Vader
Treading water or drowning?
We have seen all the apparently promising ews, industry direction, hints, winks and nods.
We have also seen our little ol wavx lose or barely hold it's value when the market is roaring...
We have not seen any confirmation of big deals closing nor anything else that would suggest we are on the cusp of this happening.
The biggest question we have to ask is why there hasn't been any meaningful offers to buy us out?
The view that many hold, where WAVE serves all comers better as an independent supplier, AKA the agnostic "myth", certainly could be better advanced by a conspiracy theory that all of our patents expire before we truly monopolize the opportunity.
Vader votes for Buyout now!
Bunch on the bid!
Is somebody trying to cover this morning or step in with a small bunch?
eom
vader
Weby... Deals would be good!
We have been waiting patiently to hear of deals closing that were mentions by SKS. Make no mistake, imvho, he's the man. Also, make no mistake, our guy's sense of timing as to anticipated closings is "wanting".
The market is looking for confirmation that wavx is indeed the real deal... tomorrow would be good!
Vader
News and Share price;
Wvytrain, while I am and have been long for a long, long time, the reality is WAVX has not been long for delivering news of successfully closed business/contracts.
While many believe we are cruising and just around the bend from that degree of success....
We may also be just around the bend from a bridge that was burned by our ignorance many moons ago.
I feel like an offensive lineman who has been getting kicked around all day in anticipation of that miracle pass.
I guess all we have to do is wait.
Vader
TPT... Anxious or Embarrassed?
Gotta believe the Officers, Board members and the Sales Execs are all getting very anxious or embarrassed.
There is no greater moment to shine than now... and as of now, we are not having our "one shining moment!".
This may all change in a flash bang of great and meaningful news launching us to the next galaxy of wealth.
Of course, when Toto pulls back the curtain, it's also possible we might all hope there is at least a spot on the baloon to Kansas!
Vader