Root: Your confidence in Bill Solms is admirable, given the extreme slippage on his watch--especially slippery when it comes to holding him accountable to the BoD and Wave shareholders as he said he expected to be and that he welcomed it.
OK. Where is Bill Solms when it counts? Heard any explanations from the horse's mouth? Have you seen any accountability? No, he is ducking behind the barricades instead of leading.
You kissed off my criticisms of Bill's missed "goals," lack of sales, failure to achieve CFBE by end of last year, failure to close the Bell ID thingy that was supposed to have been wrapped up by last August, failure to show signs of a turnaround--you kissed all that off as "accusations, unfairness and hyperbole."
No, I am sorry Mr. Root of Trust, those were all facts, culled from the CEO's own statements and deeds left undone. I don't see unfairness, hyperbole or even accusations in any of that.
But, in fairness, I'd agree a few large Wave VSC 2.0 sales would change things drastically. But, Root, in fairness to shareholders, if we can not count on the top guy's word about sales and CFBE, why would you continue to think there is merit in anything he says? Sound familiar?
By leaving open the timeline for an unlimited expanse, rather than holding Bill Solms feet to the fire for the comments he made about timelines and goals--seems fair to me. He is the CEO, right--not some roadside observer.
IMO, many Wave shareholders suffered greatly financially, by continuing to believe the last CEO after he lied repeatedly about the most crucial issues for investors--sales, revenue and profitability. IMO, we seem to be back on familiar ground here. Declining SP, de-listing notices, silence from Wave HQ, missed timelines, no significant sales--IMO, it is Wave-ja vu, all over again.
Do you think my concerns are overblown? They seem to be shared by many supportive investors who thought Solms would shine when he took the throne. Yes, I know he faced many problems, not of his own making--but he was the one who opened his big, fat yap, saying he intended to do all the things he hasn't done by timelines long since passed.
In light of his record, why would you still have confidence in Solms's version of the future. Thus far, it is whiff after whiff after whiff.
Blue
