Disclosure: At this point, the news has either been bad or missing for Wave, so much so, IMO, if there was anything to disclose, there would be no value in holding it, but a great value in disclosing it sooner, rather than later.
In nearly 20 years of following Wave, I have never seen real news come out of a quarterly conference.
Also, in that same time period, I never once saw Wave withhold anything, except bad news and explanations for not hitting the "first cash-flow break-even from operations in the company's history"--SKS 2010 [CFO Feeney said almost the exact same thing one year later.] As of 2015, CFBE has not only not been achieved, but has not come close.
Wave's declining revenue, along with the falling share price on low volume like today--the day before a CC!!!?? and the looming need for more dilutive funding, not to mention the de-listing drama to take place in the next two months--maybe sooner--triggering the third reverse split--the sum of which seem to spell nothing but trouble with and for the company and not much hope for positive change real soon.
Some may call this the catbird seat, but I would call it the toilet seat--as far as performance vs goals set. Maybe they want to get all the bad news out at once and then see if they can put Wave back together again. No announced VSC 2.0 sales, though.
I would think even the hope for Wave is thinning now. Tomorrow's Q1 CC may be a shocker.
Blue
