Root: I will applaud if Wave actually gets some contracts. What you mentioned about GM, PwC, BASF and BP is true enough and would otherwise be encouraging.
What is particularly discouraging is the failure to transform the orders from these large companies into a growing stream of revenue. Each became sort of a one-off with no follow-on.
The lack of sales in the current environment is just unbelievable. One would think desperation would land some sales--but no.
My critical tone about Wave is based on nearly two decades of experience with being a shareholder--when we were all primed, every day to expect the Wave rocket ship to launch.
It was only later some of us found out there was no rocket, no fuel or even a launch platform. It was all bologna spooned out by a shameless liar to keep those of us invested, to stay invested and to encourage newbies to join in the cornucopia of endless wealth soon to come.
The critical tone and tenor of my posts come from the many disappointments Wave has delivered--not a single expectation ever filled.
Perhaps if you stay invested for a few more years, assuming Wave lasts that long, you may find yourself quite simpatico with me--as far-fetched as that seems now.
I would encourage you to look at the history of this company and rather than examining obscure and arcane signposts in the standards jungle, instead examine the facts. Read the statements from each CC telling how Wave is perfectly aligned for the future. But the future never comes for shareholders.
You might also ask yourself why a company selling to the likes of GM, BP, BASF and PwC can not sell enough to support itself. Or why, after 26 years, there has never been a penny's profit, despite the expenditure of nearly half a billion dollars.
Or why Bill Solms thought he could hit CFBE by the end of this year--and has yet to sell to a significant customer. If there was a dram of hope to be had for Wave, I don't believe the share price would be dropping into the 70 cent range after two reverse splits.
I do hope you and the other supporters of Wave are right and this critic is wrong.
Best wishes for a better 2015--Blue
