Snackman, thank you very much for letting us in on your meeting with SKS.
The best part of your post is the answer to why we need additional financing after we were told that revenues would be enough to bridge the gap. A bit dissapointing but at least he said he isn't trying to raise the additional money through more dilution.
I found SKS's responses realistic, something I wish we got more of during CC's instead of a view through rose colored glasses, but thats just my opinion.
What I'd like to know, which is more of a rehtorical question, is that assuming what SKS says about Wave being the glue that holds TCG together and that Wave tech will be in a million PC's a month starting in 2004, and that we are on a short list of tech providers to the Dod etc etc etc, with 2004 only 6 months away, why are we $0.07 from our 52 week low?
I guess to answer my own question, Wave is running out of money and the additional revenue has not been secured and we have not heard of any DEFINITE news that we will be deploying in any PC's, but I guess I'm just amazed/confused that the street hasn't picked up on the impending success of Wave.
I guess at this point there are to many unknowns for the street to make a commitment. But one of my major sources of irratation is the continued disconnect between what SKS says will happen and the ripeness of the market for Wave's tech and the reflection of that potential, or lack of, in the share price. I guess I just expect the street to be a bit more savvy. Maybe they are, but are waiting for the final chips to fall into place.
Anway, thanks again for the post Snackman, truly appreicated at a time like this when we are all on pins and needles.
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