ROT: Yours is a plausible scenario, but unfortunately, it all depends on one factor Wave has always had trouble with--sales.
Yes, with sustainable sales, Wave might be a good investment, but as it stands now, after 26 years of effort, the company is not in a good position, in fact, it is in a terrible position.
You laid out one option, which again depends of when and if VSC 2.0 sales begin to flow. Yes, it may be a bit too early, but in this environment, one would think a decent security solution would sell itself. Hasn't happened.
You imply there are many other options but chose not to name them. IMO, the only option left for Wave is to sell and sell hard before the roof falls down on the company.
Let's talk again, say after the March Q4 CC and see if anything has changed.
As for the here and now, Wave seems up against it. I hope your scenario comes about, but with great reason and long experience, I doubt it.
Talk in March.
Best--Blue
