Player: Even the high priest of the Wave Supporters posted today he thinks Wave still has a good chance.
Here is a quote that speaks for itself louder than any critic ever could. After being repeatedly lied to, over and over, he posts this:
"So, the bridge loan may not be the only solution to Wave's financials, there may be more help coming. I say this because Solm stated at the SHM that they were trying to monetize some of Wave's patents and assets.
I think that once the financials firm up, we may see some deals from companies that are waiting for our finances to be better before they commit to an order with Wave."
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He apparently subscribes to the notion it was only shaky financials keeping other companies from buying Wave's product.
Furthermore, he quotes a known serial prevaricator, Solms, to support his argument.
One wonders what exactly it will take to finally quash all hope Wave will 'rise again.' Isn't 27 years without a profit enough?
A share price of close to a penny after the splits. The failure of a single forecast by either SKS or the new CEO Solms, to come anywhere close to their predictions of prosperity.
If we could isolate the substance making supporters refuse to look at facts, spurn logic and rationality and pursue fantasies instead despite having been wrong 100% of the time about Wave's "success," it would be the best-selling product in the world.
I'm sure VW would order some. I can see the VW dealers now after serving some of that mysterious Wave substance to a customer with a cup of coffee.
"No, despite the fact we admitted we cheated on emission tests for years, the VW/Audi/BMW diesels are actually environmentally clean and economical. Please buy one and don't listen to any of the nonsense your Nanny-State EPA is trying to push."
Blue
