New Wave:
Here is what I have on the 2014 timeline call by Solms:
In the March 13, 2014 CC there was this exchange:
Solms: we're starting to see progress. And as I mentioned before based on that timing and the sales cycle it'll be, you know, the second half of this year before we begin to see that stuff bear fruit. And, you know, that remains – it was true when I said it on previous calls; it remains true now that the good news is we're closer, you know, to what the end of that should be."
Solms Aug. 7, 2014 [posted by snackman message 34585]
we are still on track with the same plan that we've been discussing for the last three quarters to turn around the company and improve its financial results.
This conversation appears to have taken place, maybe in Aug. 2014(?)
(Caller: Robert Isler): “Yeah, hi, Bill. I appreciate all the steps you've taken to undo the mess left by the former CEO. But I was hoping, over a month into the second half, we'd see some early evidence that the turnaround has - preferably a contract with revenue attached.
Just want to know, are you sticking with your statements that by the end of this year we'll clearly see the fruits of all the changes you've put into play or do you now believe it could take longer?
Bill Solms: So I'll tell you this: I'm not - I'm restricted from giving guidance on specific results that are forward-looking. But I will tell you that I have not changed my plan. The plan for when we were going to see the results is still on track and I have not modified it.”
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He made other references to CFBE by the end of 2014, until just before year's end when he admitted it may take a bit longer to reach it.
Rather than looking for his exact words on the subject, don't you think Solms misled many of us with his comments about coming deals, CFBE, Bell-ID, Samsung, Micron, and a major turnaround, etc.?
Do you share the concerns of many of us, Wave's newly redesigned, Virtual Smart Card 2.0--simply is not selling?
It seems it would be a simple transaction, if what Wave claims to be true, is true. That's why the 9 month inaction on any Wave VSC 2.0 purchases seems to be puzzling. Can you shed any light on this dilemma?
If Wave does indeed have a unique solution, why isn't it selling to the very same companies looking high and low for a way to protect data, customer info, and secrets (Sony)?
The breaches are embarrassing and costly enough, [Target's breach will cost an estimated $162M, according to Bank InfoSecurity and was estimated at $252M for Target's 2013 & 2014.]
One would think a good product for this widening market would sell quickly. A quarter of a billion is no small sum.]
Yet, Wave is pushing and pushing, and thus far--no takers for VSC 2.0.
I find that fact deeply concerning. Do you? Or do you have an explanation to salve our worries?
Blue
