Wave Systems Corp. (fka WAVXQ)

[aleajactaest]

I don't feel disdained. I feel they have not made any sales and they are working flat out to get them. And that the reason they are quiet is not disdain but lack of measurable/publishable progress. The last guy tried to make us believe there was a pipeline. This guy doesn't feel like he is actively or deliberately misleading shareholders. He is just silent where there is no news.

But at some point you say, okay, I might have expected signs of progress by now. There aren't any. I guess they are struggling. The reason there is no news is because the demand isn't strong.

When he started, I reckoned I would give Solms the benefit of the doubt. Fresh start. But at some point, you reverse things and say, okay - it's up to Wave to prove it and not for us to be accommodating.

I kinda feel I was accommodating for a while. We've all given them a year to get their ducks in a row with little complaint. Now the onus is on Wave to perform.