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Re: off the back post# 244484

Monday, 01/11/2016 4:04:03 PM

Monday, January 11, 2016 4:04:03 PM

Post# of 249075
Cartie: You may have grossly underestimated the number of razor slashes inflicted on shareholders by Mgt. My calculus takes your number, times 10 squared then throw in a couple of light years.

I find it extremely fascinating Wave, the company, has gone from the biggest potential enterprise the world has ever known--to a point where the prospect of survival is so dismal, shareholders were encouraged to vote without any information on yet another reverse split (number 3), simply as a long-shot chance to hang on another few weeks in the hope an unlikely sale might happen--even though they know it will simply be more of the same, IMO.

Wave has cut all the 'non-essential' personnel, including salespeople; has walked away from their lease in Calif.; has said squat to the shareholders in months and my bet is their Last Gasp before closing the doors or selling it to someone for next to nothing--will be to exhaust what little treasury is left and pay themselves bonuses, golden parachutes and exit with little or no fanfare--one magnificent and final finger to those who financed it.

Blue

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