Alea: You wrote: "for me, the question is, will solms dilute on the scale he says wave's customers require it to in order to sell its product. that means he needs to convert wave into a going concern via an equity sale. if so, the scale of the dilution of existing holders will be extensive. but for myself, i'd rather that than a limited dilution and no sales."
What if you had both, extensive dilution and no sales?
I think it is a realistic question to ask because the continuing dearth of new and significant, reportable sales in this particular environment--may mean that is exactly what is going to happen.
How long can Wave continue without big sales? IMO, not long at all.
Given the long history of Wave's big promises and little or no execution, one wonders how many shareholders will continue to hold in the face of more nothingness?
I think the Q1 2015 quarterly report may make an ending of sorts for Wave as we now know it.
Yesterday there was a huge uptick in volume and corresponding price rise of about a dime. That volume is subject to interpretation. The optimists see it as a sign of progress about to be announced.
I have a different opinion. I think it was concerted effort to avoid another reverse split, by buying a large number of shares in an attempt to get the SP up over a buck and stop the de-listing countdown.
It apparently failed and the SP now is dropping back from the low 80-cent range to the high 70-cent range.
I have no clue as to who or what may have been behind it. It is just my speculative guess as to what went on yesterday.
For such a tactic to be successful, it appears there needs to be some substantive reason for the rise. If not, it seems destined to descend again.
By my count, Wave is down to two days in which to avoid what, IMO, may be a deadly Naz de-listing warning. Surely, Wave's share price remaining below a buck for this long does not appear to hold much promise for the near future and IMO, the near future is all Wave has--unless sales can be announced real soon. It seems to be coming to a head by the early Spring--unless sales intervene.
Blue
