Root: You may have the Wave bug. First thing striking me in your post, was the reference to Dell's revenue declining to nothingness. Any ideas how that came about? In short, Dell went in a different direction and Wave lost its biggest revenue-producer. Not a great feeling.
I am not not knocking the $2.3M sale, just noting it is not for what is touted as Wave's shiny new product--the VSC 2.0. It continues to be shown, without sales being made. If that is indeed the future, I would not be too hopeful.
We agreed to continue our discussion after Q4 CC. It was bad, real bad. Yet somehow, you see a silver lining of hope, when all I see is a train full of bad news and worse news headed full speed to Wave Station.
I have yet to see a single piece of real evidence showing Wave is progressing. Since I already outlined the bad news lining up and loading up to hit Wave soon, no need to go there again.
Lastly, it is not "wishful thinking" on my part to see Wave stuck in its self-created morass. It may seem that way, but all the things I argued for, better mgt, veracity, etc. and against--the nepotistic plundering and the jaw-gaping ineptness--have resulted in this bitter harvest of questionable survival.
Realistic investors can see the long wreckage plume and to us, there is virtually nothing to incite or excite any optimism, upticks aside. If the VSC 2.0 doesn't start selling soon, there is a straight path to more dilution, falling share price, de-listing, reverse splits and more.
One can cite the little kibbles and bits, dots and hopes, but sales are all that matter and with just seven biz days remaining in this quarter, it sure looks to me like May will be a sob fest for believers. True, it may not match Q4, but it will be close, IMO.
If you think raising expectations while failing to come through on stated goals is an Rx for progress, I disagree violently. Tell me how all the signs I point to show up, instead of down? Don't facts trump hope? Doesn't reality beat hope?
Blue
