To Green from Blue: Please don't make the mistake of classifying posters as either positive or negative. Please consider what each has to say and ask, is it based in fact, hope, fantasy, or something else?
By classifying people as negative posters and by disregarding, you may be overlooking something important they have to contribute bearing on your investment.
This company has put out a string of announcements, at which nearly all of us rejoiced--only to watch the deals come undone, the partnerships abandoned and all of this go unexplained by management.
Wave's president has announced emminent deployment in virtually every year since I have been in the stock (1996). To my knowledge, we have yet to ship a single chip to fill an order. Not only that, but to my knowledge, our president has never corrected himself, nor explained why those millions of chips he said would be shipped, were not.
If pointing these facts out makes me a negative poster, feel free to stamp that brand on my forehead and go right ahead with your own plans. If however, you are curious about both sides of the issue, be sure and read all the posts and then decide which have the ring of truth.
I offer this advice as an early enthusiastic supporter, who slowly came to the realization that Wave talked a wonderful game, but when it came to the actual playing field, they fumbled or were intercepted every time they got the ball.
Of special interest to you in your investigation: PCFree--Wave Systems gave a NH man who allegedly wore aluminum foil inside his hard hat to ward off alien thought waves, the sum of a quarter of a million dollars of shareholder money. Needless to say, the result was predicable (nothing came of it) and not one word of explanation has ever come forth from mgt lips, because to even acknowledge what they did, would further embarass them.
You might also want to look at Founders Shares, an odious chapter in a long line of them. Please check out bonuses and stock options handed out to mgt for deals that soon fell through. Check out low or no interest million dollar loans made to top family mgt. in the midst of very lean times.
These are some of the things you are not likely to hear about from "the positive" posters, but may be critical info you need to know before you go forward.
Best wishes--Bluefang
