InvestorsHub Logo
Followers 0
Posts 1526
Boards Moderated 0
Alias Born 07/28/2003

Re: waveytrain post# 239079

Wednesday, 10/15/2014 4:12:38 PM

Wednesday, October 15, 2014 4:12:38 PM

Post# of 249083
Wavey Train: You wrote: "People need to stop saying they have not sold anything in a year."

I will stop saying it if you can show me it is not true. The only announcement having to do with sales I can recall in the past year, is the "modest" pilot to the unnamed govt agency.

Why don't we all just wait for about three weeks or so, until the Q3 report comes out. Q2 was pretty bad and I am expecting Q3 to be even worse.

I am not purposely underestimating Wave for some imagined malicious slam of the company, I too, am looking for hope--vainly, thus far. If you can point me in the right direction, based on provable sales, I will be glad to correct myself.

Like you, I expected a rapid change in direction, going north instead of south, once Solms took the reins. Thus far, unless my sense of direction is completely haywire, the Wave gyro-compass is still pointing south.

I am not talking about being provided with bountiful sales once the TPM market engages, or once the govt sees the beauty in Wave's solution, or in any other forward-looking, hopeful indicators that might happen. I am talking about real results, with revenue, right now--signed, sealed and delivered. I don't think there have been any of significance in more than a year.

I say a year, because that is when Solms became VP of sales--last Oct. In Dec. he was promoted to CEO. Yes, I get the Wave product line needed 'tweaking' (not my word). With Wave, it is one excuse after another for failure to sell. Thai floods, non-disclosure agreements, stealth, etc.

I want to be fair, but I just don't see any results under the new guy--other than scraping the Spraguian barnacles off the Wave hull and bringing reality to spending and budgeting. What am I missing? If you know of sales, let me and the rest of us in on it, would you?

The Wave VSC was tweaked and put on the market a few months back (July 22). We're almost three months beyond that and I see hints, but no hard results. I don't count hints. We've all gone broke betting on Wave hints.

Blue

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.