Dig, You make an excellent point. First, a confession--my assessment is not based on any documents at all, but rather the lack of any announcements. I think a fair amount of the time I said "no sales," I added, "of any significance." There may be some minor ones in there.
It is my own definition of significance, none other. Here it is: We are so desperate for news of any sales at all, it seems logical the company would find a way to let us know, if there were sales. The no news is definitely not good news, IMO. If there were significant sales, I believe we'd know by now--by back channels and all the other ways a company leaks info.
Shareholders have Mr. Solms on a tight leash, IMO, largely in part to the mistakes of his predecessor. Nevertheless, he knows he is being held to a far higher standard than Steven ever was and his timeline will to be a short one if there is no progress. Think of the pressure he's under to produce.
I certainly could be wrong--it is my opinion only, there have been no sales of any consequence. When the Q3 numbers come out, I'll leave it to you guys to sort out what was previously sold and billed, maintenance fees, etc. But, bottom line, I think any sales at all will be extremely minor. Wave minor.
I believe in 3 weeks, unless there is a real tsunami of the kind we used to dream about--we are not going to get good news. Yes, it is a short time--about 4 mos. the Wave VSC has been available [talking Q3 CC in Nov.]. If there are sales, why keep it a secret when your stock is banging around the de-listing threshold--again?
If there are sales, would a shareholder have to root around to find it, or is it more likely the company would let us know, instead of risking the ill effects of delay for no gain--after the length of the slog we've been on?
Opinion only
Blue
AI
