Yes. Wave is still in business for the sole reason, IMO, of further enriching the Wave executive staff for one more round of pay-offs.
Said staff has told one lie after another about coming deals that have boiled off into nothingness, as almost all "deals" with Wave have.
But meanwhile, the lies told about big deals coming soon resulted in people buying shares because they believed those huge deals were coming and Wave's share price would simply shoot up.
Wave is still in business, IMO, only until the 2015 exec. & BoD bonuses are paid and then it will sink to where it belongs, based on its terrible record--no profit ever.
That is the history and nothing has happened to indicate shareholders have ever been given the smallest consideration for all their financial support [half a billion dollars!].
When it came time for the third reverse split, so Wave could stay on the Naz, Mgt gave no information, yet expected shareholders to vote blindly--as if the vote of shareholders ever meant anything--it didn't. [Remember the Chair of the BoD, John Bagalay, was voted out, but stayed on the Board anyway?]
IMO, Wave shareholders have been treated unfairly from the get-go and the company continues and will continue, IMO, until the end.
Why wouldn't it? What is the downside? Where does anyone in charge have to bear responsibility for any of the horrible decisions Wave has made over the years--especially after the new CEO talked turnaround, big deals about to be signed--same as always, IMO. More bait to lure in more share-buyers, IMO.
I just don't see a way out for Wave at this point. It has failed in every way spectacularly.
Blue
