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Re: Bluefang post# 238549

Monday, 09/08/2014 12:08:51 PM

Monday, September 08, 2014 12:08:51 PM

Post# of 249218
Blue,

I think that is a fair response. As you have noted, Bill has gone to great lengths to distant himself from the prior regime. I think it goes as undisputed that missed deadlines and ghost pipelines were among the sorest spots for investors. Obviously Bill will not have too many fans if he does not deliver in this area. I will again state, Bill just reiterated previous timelines.

It should be also noted that they may have closed some small deals but did not announce them for obvious reasons. As I have also noted, Bill's timeline still fits the narrative based on what has occurred to date.

My early Wave days were spent in the midst of a career and following insights of people who were much closer to the investment than I. As I have stated, when trust is missing from a relationship, it is tough for it to flourish. I suspended a personal principle for some time and not surprisingly I was bitten. Life has a way of giving constant little reminders on what you should be doing.

That said, Bill has not given me any indication that he cannot be trusted. I remain hopeful that he can deliver on his vision of how Wave fits into trusted computing. Wave and trust cannot be an oxymoron if Wave is to succeed. I hope for Wave's success for all the wonderful investors it has as much as I do for myself. There were also some Wave investors lost along the way that everyone should keep in their hearts.

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