Player's highlighted post is valuable info, IMO. For more than a decade, supporters have argued big returns were coming, if only shareholders would have patience. Patience has not favored the Wave investor.
Player's post counters the nonsense based on nothing more than the waning hope shareholders will soon enjoy big returns. The actual record is devastating--98%+ losses is informative, factual and necessary for anyone considering investing in Wave at this point.
Our change in mgt led to more expectations of deals, contracts, signings and the like--but the reality is, in 16 months of the new mgt, Wave has yet to close a single deal, or book a significant sale.
In a climate like the current one, when each day seems to bring a new hack or breach, Wave seemingly can not convince customers its products can help solve the insecurity. Supporters have made big claims for Wave's products, but sales continue to elude in the best market ever for security products.
Player's post, IMO, is a beacon of truth cutting through the fog of unreal expectations and outright lies surrounding Wave's immediate future. These supporters continue to herald Wave and maintain it is only a matter of time before Wave begins to pay off. It is a refrain I heard often back in 1996 when I first invested in Wave.
The fantasy posts like Wave at "$2,000 per share in the year 2000," or similar messages about coming greatness after 26 straight years of failure to engage in a hungry market--provide cover for outlandish predictions of outrageous success. Player's post concisely reveals the actual truth, based only on factual numbers.
IMO, it should remain as helpful information to investors and as a counter to those who say Wave will soon be a fountain of riches.
Wave has an extremely bleak record, despite attempts to keep that info secret, out of sight, and off the message boards. Player's post remains a big, blinking cautionary sign to those who might be misled about Wave's future. IMO, that post should be made permanent, until such time Wave actually brings in real revenue and achieves profitability.
IMO, the future of Wave is extremely questionable. It is in a de-listing countdown; will probably have to issue a third reverse split; and is increasing dilution previously thought unnecessary because of anticipated sales. Furthermore, despite repeated assurances Wave is on track to profitability, not a single relevant fact supports that optimistic view.
Wave is living on the last ghost of fumes and is not about to break any records that I can see--or that the market can see--if you believe all events at least six months out are priced in. At 65 cents currently, after two reverse splits--it sure doesn't look like there is anything of significance in Wave's bag.
Player's post underlines and highlights Wave's real record and IMO, should stay.
Blue
