Wave Systems Corp. (fka WAVXQ)

[tkc]

Of course Barge, I understand that TPMs weren't activated and that there were many reasons for that. I get it that SKS's Wave counted on TPMs being activated. What you fail to grasp,IMO, is that a competent CEO would have also recognised it and managed finanaces accordingly. SKS didn't, au contraire he doubled down and continued expanding expenses rather than pairing, waiting for a market to develop. Instead he told his shareholders the pipeline was growing and growing Q/Q when nothing was there. He funded his Quixotic mission on the backs of shareholders. He lived in a dream and wouldn't give it up.