I think you missed important points then:
<sarcasm>
1) Wave customers are so happy they should want to pre-pay maintenance instead of switching to something that actually works and will be supported.
2) The NOL carry-forwards are more valuable everyday.
3) "Partners" are lining up to bid for the company.
4) The big deals are still coming in and they are worth $7 million.
</sarcasm>
Of course, the only truth about the company is they don't care about the shareholders and will remain silent because it benefits them. Bonuses will be rewarded based on the whatever cash can be garnered, whether it is for success or failure.
The fact remains that the CEO remained silent about the real state of the company until after he cashed his $175,000 bonus check and after he didn't have to face shareholders anymore.
Being "wrong" has been extremely profitable.
