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Re: wavedreamer post# 239964

Wednesday, 11/26/2014 5:10:30 PM

Wednesday, November 26, 2014 5:10:30 PM

Post# of 249083
Dreamer: Thanks for the kind words. All those things you mention as portents of Wave success to come, are the same kinds of hope that fed many of us in the early days amidst of what we thought was a slog to success.

The problem always was, and still is, nothing concrete ever materialized.

I remember the usual suspects touting the creation of the Trusted Computing Platform and then, the Trusted Computing Group. Steven fibbed his fat butt off saying he "practically created it" and he said, he basically was running it.

Later, I met a member who actually attended a TCG meeting and he gave a completely different account. He described Steven as a lap dog, the TCG tolerated as long as he lay quietly at the feet of the real members and didn't bark.

But, off the track again...the much heralded trusted computing group members never used any parts of the TPM in any of their companies--but somehow, it was supposed to be the path to Wave's success. It was complete bologna then as it is now.

All those connections you mentioned mean nothing at all, unless Wave begins to sell. That is precisely what has NOT been happening. IMO, those connections are completely irrelevant except to nerd and geek historians--if Wave continues its abject failure to sell its VSC 2.0 and the ERAS.

I liken studying those kind of connections you mentioned, to dissecting a long-dead language for clues to the future. There's no connection at all between Wave and the TPM, unless TPMs begin to be used. The TPM usage rate is so far below the measurable threshold, it is irrelevant unless there is a very rapid change.

We were sold a bill of goods--that if and when TPMs ever hit about 200-300 million, Wave would be in the catbird seat. There are well over a billion TPM equipped machines out there now, but the only catbirds I see are in the marshes, eating worms and bugs.

I think it is possible you make a common error--in assuming TPMs equal Wave. Not so at all. Even if the over 1 billion TPMS out there were all turned on [the default is off], it would not necessarily mean success for Wave. Wave is neither a necessary nor an essential part for TPM usage.

Go back 10-15 years and you will see many of the same kind of hopeful posts you make, citing various standards, links to this company or that one, all of which were supposed to make us all rich. Not only did not a single one of those things come about, but in the meantime, Wave slipped backward as other companies shot ahead.

Look no further than Dell. Dell embraced Wave, as a speculative security play--in case the TPM proved critical. But in the end, after a long relationship, Dell bought Credant instead and is in the act of ditching Wave, while Wave reels, trying unsuccessfully thus far, to replace Dell's lost revenue.

Look back at the European banks trial--FinRead. They took a long, long look at Wave and when the time was up, they went elsewhere. That is a pattern with Wave. Seemingly incredibly promising leads, lead nowhere--again and again.

Intel, IBM, HP, Atmel, Diebold and many other tech giants were "partnered" with Wave, yet not a single one of them ever brought in enough revenue to Wave to qualify for the 10% reporting threshold.

I think you are chasing an elusive ghost you have been told will pay off "sometime in the future." The problem with Wave is, its future never arrives. It is always in the category of the sign in the bar, "Free Beer Tomorrow."

We elder Wave shareholders chased those ghosts for years, never grasping a single solid clue, only a new mirage further down the road better than the old ones. If you only knew how many of us inhaled the vapors and thought them to be real, only to find like Wave's auditors, success constantly remained in the distance.

You will have to see for yourself, I guess. The road of Wave's past is littered with the bleached bones of once true believers. Once they finally understand Wave can't possibly pay off for investors, they don't come and shout it out.

Instead, they slink away silently like BigTim, one of the most intelligent and influential supporters of all time--a lawyer and decent man. He sold all his shares, but said after the fact, he still "believed in the dream."

I notice he has not come back aboard in the several years since he left.

Where are the holders of the WAVX licence plates in the Northeast? I knew them all. One is dead and to my knowledge, not a one still holds Wave shares and most laugh in derision when the company is mentioned.

No one likes to admit they were fooled. That's why they quietly let go of the rope and drop away, once they see the truth staring them in the face.

What is there about 26 years without a profit that gives you hope? If you read the posts from 20 years ago, you would be struck by similar themes, promising hints on the horizon, tantalizing connections that all but assured Wave's success--same as now.

It is hard to accept, but swallowing the fantasy of fast and easy money is much more appetizing than realizing "next quarter" and "next year" are not going to change much for shareholders, except for more and bigger losses.

Almost a half a billion has been spent to get us to where? Two reverse splits, a share price flirting with yet another delisting notice and the steady erosion of nearly 99% of investor money--and still no sales in more than a year.

The evidence is there. One has to be brave enough to see the overwhelming facts and evidence through the enhanced fog of fantasies created by wild dreamers [no pun intended on your handle].

I do wish you the best in your endeavors.

Sincerely, Blue





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