Thinking about it, SKS (if he was the architect of this) couldn't have done better.
In one swell foop he
1) removed the 'going concern' issue, for at least another quarter (the quarter, by the way that both INTC and IBM would be producing revenues for wave)
2) removed the overhanging 'unpaid' loan (which probably the smelliest of the crap in the filings)
3) and indirectly defused the SEC question by sidestepping the proxy/ASM issue and announcing the time and date for the 2Q numbers.
There still needs to be a ASM (as I understand it) but the pressure for it is lifted...
"Absence of evidence is not evidence of absence. - Carl Sagan