Wave Systems Corp. (fka WAVXQ)

[mymoneybgone]

This amplifies the inexperience of the prior leadership and how they squandered the cash resources time and time again. To think these very large companies were going to acquiesce the space to such a small company with unproven product seems incredibly laughable.

To think they were not going to fight tooth and nail to keep control was a variable that all of us who invested early on overlooked. But one that should not have gone unaccounted for. The history of spending money, bloated employee counts, and pet projects that siphoned of cash from the core business shows exactly how little regard was paid to this very thing happening.