InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,298.15
(
0.02%
)
US TECH 100
18,027.08
(
-0.29%
)
Dow Jones
39,943.28
(
0.19%
)
Brent Oil
83.77
(
0.67%
)
Bitcoin
66,745.68
(
2.31%
)
Post# of 248905
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Snackman

Send PM Follow Ignore
Followers 99
Posts 8760
Boards Moderated 0
Alias Born 07/21/2003

Snackman

Member Level

Re: BarMitzvahBoy1 post# 242423

Wednesday, 06/03/2015 8:50:11 PM

Wednesday, June 03, 2015 8:50:11 PM

Post# of 248905
BarMizvahBoy1, I do not believe Solms would do a dilution just so he could keep getting a salary. I think he is too honorable a man to do such a thing.

Therefore, I believe he did the dilution because he knows orders (revenues) are coming, and that is why he wants to keep the doors open.

As for selling the company, as Player suggests, who is going to buy Wave until they can show substantial revenues?

And if he knows some deals are coming he chose to dilute instead of closing the company down. Just my opinion.

We were early, but we were right

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up