Already there is slippage on that front and I believe there is a far more serious one coming up soon--his prediction and his reiteration on Nov. 6 that Wave will be CFBE by year's end. How will he reach that goal if there are no new sales?
On that basis, I believe shareholders are justified in requiring Bill to explain exactly why he made the prediction and missed it, if in fact Wave is not CFBE.
Are you sure you wish to claim Solms made a prediction? Perhaps you need to review his wording and concede the difference between a
"prediction" and a "goal". Otherwise you're misrepresenting reality, not non-analagous to your criticisms of the former CEO (many of which I agree with).
From the Q3 CC:
But importantly I still stand by my previously stated goals for this year and I acknowledge that it’ll take some strong sales execution in order to achieve them. For those of you who don’t remember the goals that I stated from the time that I became CEO, the first was to become - to hit the cash flow breakeven point or the point between which we’d be cash flow positive, and then secondly to make us profitable in terms of our revenues.
I - as I mentioned before, you know, I stand by the goals that I established when I first took over, and it’s up to us now to do those last steps of execution in the final remaining weeks of this quarter and to roll that success into 2015.
