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Saliba, thanks for your recent posts. BETRAYAL, is the key word in regard to the CEO, CFO, BOD, of WAVX, and how they have not put the best intrest of loyal, longtime shareholders first and foremost. Their salaries and bonus`s are beyond outrage for a company with the revenue problems we have had for so many years. The group of investors that I am involed with have also voted NO on proposals, 3 + 4 and NO on all of the RUBBERSTAMP, BOD.
At this point,any shareholder who votes yes for PROPOSALS 3+4 must be out of their mind. It is time to cut the Sprague family piggy bank. It is time for this company to SHOW US THE MONEY.
sciwag, Im with you, I only hope others will follow. IT IS TIME FOR CHANGE.
As a retired employee and long time Verizon shareholder, I was delighted to see, from now on, we as shareholders finally got enough votes to pass a proxy to allow us to nominate, and vote on a member of the BELL TEL RETIRES, to the board of directors of Verizon. It took a few years, but we finally WON. As a 20 year owner of WAVX, and knowing the number of shares held by the people on these boards and their friends and family members, WE CAN CONTROL ANY NOMINATION, VOTES, AND SHARE HOLDER INTRESTS OF THIS COMPANY IF WE STICK TOGETHER. and Stephen and the BOD know it. Why not try something, we have nothing to lose and much to gain.
WHITEWASH, SHOW ME THE MONEY, SHOW ME THE MONEY, ITS BEEN 20 YEARS.
On 4/27/2012, WAVX share price was $1.49,and today we open at $.47, with more dilution. Its time to ask the question do we have the right CO, CFO, BOD,and family members on the payroll, looking out for us the investors? The answer is proven time and time again, NO. They continue to take a bonus year after year with no shame. And we should all look very closely to the proxy that they have submitted for the shareholders meeting. It looks like they might be trying to take our shareowner power away completely.
On april 27 2012, the share price of WAVX was $1.49. Todays open at $.47 with more dilution of our investment. Now I think its way beyond time to ask ourselves, do we really have the best, CO, CFO, BOD and family members running (OUR) COMPANY? bonuses.
tampa, What you say is not rubbish it is the truth. All of the investors in our group will be voting against the BOD, and the further dilution of shares.
alea, Great post. I believe you have summed up what most long wave holders feel about our ceo, and how he has over projected and uder performed for way too many years. His credability has been, I believe damaged, not only to the shareholders, but also wallstreet. He should make the move to the CTO position, and hire a CEO with experience in taking new technology to the market.As for family and the BOD involved in this company,WHAT A JOKE.
gucci1, That was a very telling post. You covered alot of the thoughts that many long term holders of this stock really feel about this management team, and how they have taken for granted this very loyal shareholder base. Great post!
ExPatriate57, I and many of the investors in Wave,that I know, feel the same way likebarrels does. It is time for tough questions to be asked, and answered by the CEO, and board of directors.
Dig space is right, this management team and board of directors i believe are not capable of taking this company to the next level. This Sprague family control of every aspect of this company must change. We as long holding shareholders have been patient long enough. Its time for new additions to senior management and to the board. I would also like to see Feeney gone yesterday.
RoRo22,GREAT POST, You hit the nail on the head. With your backround I hope you post more.What we need to see now is less options, and more shares bought on the open market by, CEO, CFO, and the BOD. This is not brain surgery. They are long overdue to have some of thier own skin in the game. Oh and did I mention also some new blood on the BOD?
Great post by telstarjohn (a longtime and respected Wavx investor)on the other board. All should take time to read and reflect what great points he brings into focus about our, CFO, BOD, AND CEO. Once again,I repeat, we need new blood on the board of directors.
tkc, Great minds think alike. I voted the same on my ballot. At this point in time i think our board of directors needs some new blood. I Think Stephen has done an outstanding job getting the company to where it is today.But having said that a fresh, independant voice on the board at this point is somewhat overdue. I and many of the investors i know, were very disapointed by the comment made by CFO, Feeny, about breakeven or possible profit during that confrence call. We are long time,and still strong holders of the stock, and also think ExPatroit, brings fresh thoughts and comments to the board.Now that I have had my say, I will go back to lurking. Jim,
ExPatriate57, Im in.Lets give it a shot.This is long overdo.
Barge, please do not stop believing and posting your DD thoughts on Google, Netbook, and Wave. This stock has not moved like it has in the past few months on revenue alone. Something big is in the pipeline. It is just a matter of time now. And wouldn't it be beyond belief for all of us if that pipeline included Wave with the Google Netbook.
Long time "lurker" and one of the Rhode Island Wavx investors'. Thanks to Snackman, Weby, & Fullmoon for providing this great information board. And thanks to you Barge for never giving up on your relentless DD.
Best to all "Wavoids",
JMacky
Thank you, biggestrace.
Does anyone know if Weby was at the meeting?
givelove, That was the first thing to go through my mind after this placement this morning. Wavexpress has been deadweight for us shareholders long enough. Sell it, or just shut it down.
kiwitaxi, Your post reflects the true feelings of many of us silent longs.
anvil77 Thanks for posting that CNBC holding chart. We are moving in the right direction as far as inst. and mutual fund holders are concerned. At this point, Dell and Seagate advertisments popping up more and more, I and the group of investors I know, still wonder at this point in the history of WAVX why isiders from management to the board of directors are not buying the stock. We feel that any insider buying at this time would help to move the price of the stock higher, and show the stockholders they to believe in where this company is truely headed.
Thank you Fullmoon for that imformation.
Great post ootommy. You covered what a lot of long holders of this stock really feel. Thanks your friends from RI.
Internet you are right on target. I will also vote against this rubberstamp board of directors.
I represent a group of long time investors in Rhode Island. I have met you at share holder meetings. We have always respected you as a person and your thoughts on this investment.We have discussed these new proposils over the weekend, And will vote our shares against these option shares. THE MOUNTON OF FRUSTRATION IS REAL. Its time for wavx management and board members to show respect to its faithfull and patient shareholders. thanks WEBY for all your thoughts and insights.