Dig Space: I certainly looked at the Wave filings, but I did not see any new sales, because there were none listed.
Yes, the company does have ongoing maintenance contracts, licensing fees and the like. I am talking about new sales of significance. I see none listed, beyond that "modest" sale to the govt.
Let's hold off further debate, jeering and sneering until we have some numbers--should be in 3-4 weeks time. Then we will both examine the filings and you can tell me where all the new sales are and prove I was repeating "a false statement."
As for the e-sign sale, I think it is a good idea. We were supporting a subsidiary away from the central mission of Wave, distracting and expensive (especially if there was a lawsuit and there was one in the initial stages).
I agree with Player, the sale was part of a negotiated agreement. IMO, that Wave got any cash at all, is a sign of encouragement about the new CEO's abilities. Solms's statement on the sale of esign--it leaves Wave free to focus on its core mission--rings true to me.
I just wish Wave's core mission of selling security was making more progress. Perhaps we haven't given it enough time--still possible it will happen. But given the multiplying number of hacks on businesses, banks and investment houses, one wonders why the world is not beating a path to Wave's door.
Maybe some would qualify the sell off of an 'asset' as a 'new' sale. Not me. I think it is a terrific idea, it brings in some cash, gets rid of drag on the company, but it is not repeatable and is not a sale of the kind we are all looking for.
Despite Dig's digs, I believe my prediction of no new sales will be borne out by the Q3 CC numbers and filings.
Blue
