Down to 3 biz days before the second "goal" of Bill Solms goes the way of SKS.
The first goal was, according to Bill, we'd see signs of a turnaround in the last two quarters of this year. The second goal was for Wave to be CFBE by Dec. 31.
The failure to reach either goal does not bode well for the immediate future. Not a single reportable sale has been nailed down in the year since Bill became CEO--and none for the previous several years--if memory serves.
Wave is at a crisis point, IMO. It is cash poor, unable to sell anything major, and riding hard to a third reverse split which could come as soon as next month. I would guess, just getting the standard de-listing warning from the Naz would be enough to trigger selling.
Most of the helium has gone out of the pumper balloons, as month after month passes with no news with revenue.
Most of us recognize a rare opportunity for companies selling security--but Wave has been unable to sell other than routine small stuff.
Wave is not looking like a good bet at all.
Blue
