Money: You wrote:
"That flow of information has ceased under Solms."
Allow me to disagree. Solms has let forth a flow of false news and unmet 'goals' such as profitability, the turnaround, the bulging pipeline, and a slew of small deals--none of which has come true.
It would actually be better if he kept his pie-hole shut, exactly what he is doing right now, much to the pain of the shareholders.
From Solms there have been no corrections, no apologies, no accountability, no acceptance of responsibility other than the mild, "I was perhaps too optimistic..."
When Wave is in the most desperate position of its 27-year history, he is keeping radio silence. The only answer I see for explanation is there is nothing to announce. The bag is truly empty.
Most of us knew SKS was a pathological liar who couldn't be trusted if he told you the time. But Solms came in with a clean slate, did many of the right things initially, but then he started floating SKS-type promises and goals, all unmet--just like his predecessor.
But you are right about the lack of outrage when Dell exited, R/S #2, and many of the other things normal shareholders would have required accountability for.
As predicted, Wave is imploding. IMO, Wave will soon become coprolite.
Blue
