TKC: Maybe I am guilty again of imprecise writing. Here's what I said about Safend--which I believe you misinterpreted.
"I wonder how long Safend sales will take to just reach break-even on the Safend purchase? My guess is, a long, long time, if ever."
I know Safend has been profitable within its own small category. One should take into acct, IMO, what was paid for it--almost every cent paid was written off by Wave, wasn't it?
I just look at the gross numbers and don't analyze the subcategories--but let's just say for argument's sake, Safend returns $1M in revenue per year to Wave above any expenses.
If Wave paid $12M for it, without interest, seems like it would take 12 years to pay off that sum at that rate. That is what I meant. My apologies if I stated my point poorly.
As for numbers, I believe generally I have been much closer than most at predicting Wave's revenue.
But generally speaking, you are right.
Just for the record, I have not been a journalist in many a moon, but some continue to post as if I am still active. Even though that profession is in my past, I do try to be accurate, and when wrong, I quickly try to acknowledge my errors and am always appreciative of those who correct the record.
Best wishes--Blue
