The Q4 '14 results were illustrative, but the Q1 '15 may be definitive.
If the drought of VSC 2.0 sales continues, Wave IMO, isn't long for this world.
Those who argue lack of significant sales, declining revenue and falling share price are the harbingers of good things to come, are dancing a strange shadow dance, un-tethered to reality, IMO.
In the face of recent optimism, but dwindling results, the Q1 results, if as bad as the Q4 results, could be the death knell for Wave.
Looking ahead, if there is no change, the immediate future shows a de-listing threat, coupled with more dilution and a potential, looming third reverse split. IMO, that is not an Rx for progress and in fact could end any hope for Wave.
How some find solace and optimism in Wave's current predicament is unfathomable to me and many others who rely on results.
At some point we must agree with Bill Parcells who said, "You are what your record says you are." Wave's record is simply atrocious. There are no mitigations or ameliorations I can see to dispel or soften that record.
I believe we are coming to the end of the line and I suspect even the most optimistic supporters know the end is near, without massive changes and an influx of sustainable revenue.
IMO, the $2.3M deal of Wave's older tech provided a slender straw of hope in an otherwise dark sea. Maybe Wave can pull it out, but as the last days of Q1 play out without a significant sale, the obstacles to success get higher as the time gets shorter.
Blue
AI
