The contract: On the surface it looks good and it may certainly turn out to be the beginning of something.
But look a little deeper. Even Wave calls the amount "modest." It must be mighty small, I'm guessing.
Hey, it may be good news--but this is Wave. How many times have we done handstands over a Wave PR that had no numbers? Few ever did produce numbers.
Let's be cautious here. Could be wrong, but here's what my ear to the ground says--'Desperation.' I can smell the fear in the air and the supporters could too, IMO. That kind of thing is transmitted to mgt.
The quarter closes without the promised signs of the turnaround; is followed by complete silence from mgt; two days after the quarter closes, the share price is under vigorous attack, sending it below a dollar and triggering the 30-day de-listing watch of stocks under a buck. Q3 numbers will disappoint, shareholders getting real angry, some are selling--what to do? We need something, real quick.
Maybe it's real as rain. Maybe not. Let's do the prudent thing and wait and see if the same nothingness follows this arrangement as it always seemed to do with SKS's deals. If this is fakery, Wave is cooked, IMO, If it's real, thank God. Personally, I think not.
Blue
