*Rev growth, if Wave can demonstrate rev growth in the next q or 2, reasonable growth (uber spectacular growth not required) then one could put together a technofunkomentalist argument for WAVX reacquiring the held-for-a-good-amount-of-time SP $2.4 (using 42m as outstanding shares). This would be a P:S of around 4, perfectly common for speculative companies with measurable revenues growing measurably and cfbe in sight. How much growth? Just reversing the previous two Qs would make an adequate "turn around" argument for many (Q2 $5.6m, Q3 $6.2m). Ambitious but not absurd. One could imagine were the stars to so align that dilution of 1-2m shares would be sustained as well, but obviously if this could be achieved in the >2.4 'zone', it would almost feel good to the average Wavoid. It Somls et all have reasonably high condidence of being about to close something more obviously noteworthy to the top line one could imagine them trying to perhaps milk current cash a bit, but I fear the timing may well not be on there side for such a gambit.
The above content is my opinion.
