24601: I think that part of the discussion has been debated to death. Yes, Wave does have some licensing revenue and some small companies and institutions Wave services, but in terms of new deals of significance--nada.
When you check the 10 Q & 10 K, do you see Wave's revenue rising, falling or staying static? I believe that is the issue. No sales of significance under Solms's reign.
Do you disagree Solms led shareholders to believe signs of the alleged turnaround were to have surfaced by now? Were there not expectations created by Solms's comments about CFBE in 2014? Is Wave advancing toward that goal, or is it retreating?
Do you find a marked similarity between the statements of profitability and deals under Solms and statements from the former CEO? Both hyped big changes of a positive nature for Wave and both have fallen way short.
You can continue to split hairs into the irrelevance zone, but hair splitting is not quite the same as revenue. That is the problem here.
You can define and redefine, parse and re-parse any of the many statements of the last two CEOs, but what remains is a huge gap between created expectations for Wave--coming from the very top--and the actual results.
Big returns for Wave have always been imminent. But somehow, when it comes to bringing in significant revenue, Wave disappoints again and again.
One would think if Wave really had a great product as claimed, sales would not be such an uphill battle and the deals would have been coming in by now for real--not just "anticipated" deals. To what do you attribute this?
In just five days, we will be at the 2/3 mark of Q1 2015. No announcements of deals, no new big revenue desperately needed to stop more dilution.
I don't think this is what shareholders expected after listening to Solms--especially his big "stand by" for announcements, followed by an eerie and commanding silence.
This has been Wave's history since 1996 when I first bought into Wave. That is a long time to continue to hold out hope for expected results or to find validation of that hope where it counts--on the bottom line.
And what of Solms's message via David Collins not much will happen for another six months? Not much discussion on either the method of communication or the message--which, IMO, is disastrous to real hopes for Wave. Accountability from Solms? Have you seen it? I haven't.
Blue
