Wave Systems Corp. (fka WAVXQ)

[aleajactaest]

hi blue,

couldn't agree more. i called it the unsafe harbour for many a long year for a reason. it wasn't that i felt it was okay.

once i learnt the management used puffery as their defence in the lawsuit, i thought they had lost much of their credibility as stewards of the company from a shareholder perspective. the judge was incensed.

but although the embroidery was briefly held in check, and for a season or two wave's income grew, eventually the dilutive model required more evanescent material to produce the cash wave wanted. the carrots were proffered and removed. the pipeline was full, but only with dead leaves. and the shares were distributed with a wink and warrants attached.

he should have been fired for this process years ago. the lack of integrity in the harbour was another part of the same whole. success doesn't require falsehoods.