we are all entitled to our opinions, mine is that had Wave announced that they had a definitive agreement to do something with Bell in the future as opposed to and LOI to do something with Bell in the future that the SP would be right where it is today, BICBW.
I'm thinking it is an expectation of sales, indeed a requirement for sales (near term, now) that is driving the SP (and the company's prospects in general).
Again, the question is whether Solms is correct re:VSC.
Wave and Bell_ID could announce a definitive agreement in Aug, or ten definitive agreements, or several million definitive agreements, and the fact remains, none of Bell does or has ever had anything to do with the fundamental aspects of the "turnaround".
The above content is my opinion.