Cypher: Your post says pretty much what I'm hearing, as well.
One small difference. I believe Peter Sprague is still on the payroll--is he not?
What do you think the mgt strategy is at this point?
IMO, the strategy appears to be one of collecting salaries and bonuses until the last possible minute.
I'm guessing the last minute will come when the Naz de-lists Wave again, forcing it onto the pinkies or some alternate reality.
It looks as if there is no positive movement at all towards any sort of sales, re-structuring (other than cutting the worker-bee staff to the bone, but sparing the ex-military Triumvirate of Chiefs at the top).
So, if that be the scenario, Wave will close shortly after the New Year rolls around, if not before, IMO.
Blue
