It makes no sense whatsoever, beyond a diagnosis of extreme paranoia with delusions of riches.
Why would Wave, teetering on the cliff's edge of extinction, withhold any good news? What is the benefit of letting the company slide further?
When your share price is 11 cents and there is good news to be had? Why most would blast the good news from the tree tops, not hide it in service to some ridiculous plot, IMO.
What is going on, IMO, is pure desperation. Some of the supporters are ordinary people who poured every dime into Wave as a single-shot slot for riches. Some of them borrowed money, mortgaged houses and bought on margin.
All have been punished financially, except the insiders and the manipulators pedaling nothing but good works [that never happen].
Now the curtain is coming down for Wave and there is legitimate panic. Folks who were assured success was delayed, but not denied--kept buying more shares, even as the new ones were devalued almost by the day.
One wonders that alone didn't make them question the wisdom of putting still more money into a company never once meeting its own goals and forecasts.
Blue
