Dig: We will have to agree to disagree on this one. Again, it is not the size of the alleged deal, it is that Solms said it would close in August. No, not a big deal, I'd agree, except it rubs a tender spot for most investors who kept seeing deadlines pass with no action for many a moon.
Yes, that was the old regime, and there's no confusion here about which is which. The new regime is not guilty of the sins of the old. However, since the old regime never met a single deadline I can remember, one would think Solms would cut off his right arm before he would say something wrong and end up looking more like SKS when it comes to delivering.
As for Solms statement we would see signs of a turnaround in Q3 & Q4--it is not that important whether the turnaround comes now or pretty soon. What is important, it appears we will not see any signs of a turnaround for Q3. That makes it look like the old regime is still at the helm and Solms knows that is exactly how it will look.
So there is the nexus of what is troubling me. If he had even a small deal with revenue in his bag, he'd pull it out and show us. The implication to me is, he doesn't have anything in the bag.
When you look back at Solms, nearly a year with Wave--not all of it as CEO, but most of it, and when he wasn't CEO, he was VP of Sales. Isn't it fair to ask where the hell the sales are, after a year in the saddle?
Look outside Wave's door--virtually nothing on the Net is secure. Think how just that one factor is holding back Net Sales--that no one can guarantee their own money or their customers' data is safe, nothing is safe. Could there possibly be a better atmosphere to pitch security?
Where are the sales? Where's a single sale?
Blue
