edit 2: Okay Snack...
but please be sure to apply that standard equally. i'm not gonna cry when die-hards slam me or similar posts towards others (which there have been *many* such posts).
i also don't consider the words or letters i've used to be "vulgar" @ least not in the sense of Network TV standards & practices, but it's your board (more or less).
so i see where the line is & i'll stay on the side that doesn't result in deletion.
not dilution OR delusion mind you...
PS yeah okay sully, you're right. what i meant in that post that you're parsing 1% of & ignoring the other 99% of is that wave should have been able to trade 150% of the month's volume & done all of it @ the high... yep, you're right!
it's a curious focus on your part though! also, you didn't have any smart aleck reply for my stated bases for my previously stated conclusion as to why the TCG RAND rights don't necessarily add value to Wave as a takeout candidate... abject silence.
just pay the TCG dues & the royalties & you get access to the relevant IP.
edit:
GKS -- has the NEC deal from how many years ago resulted in dime one of additional orders from NEC? *that* is what i meant by INTC & NSM possibly being proven later to be mere market test runs rather than full-scale deployment roll-outs...
& GKS let's look @ this in this sense, you say, "your posts go on" but what is really @ issue if the volume of syccophant optimistic posts versus the volume of skeptical posts.
as you well know, the volume of sprague supporter posts on this board farrrrrrrr outweigh the volume of posts that question that line of thinking.
it's about the total volume on the board, not from the few individuals that know enough about wave & are willing to challenge the zealots.
but i suspect you already knew all of this!
edit2:
Ramsey wrote: "You didn't answer my question about how much would you pay in a PP at this point."
Okay fine -- even though i've posted that IMO it isn't as much about the price as other factors, i'd ask why they were not working on the PP the day after the INTC PR (when they assuredly could have rec'd far north of $1.90 sometime in late august or september.
so you asked me to pick a price -- i'd say $3 (back in september) for the warrants & $2.50 for the common. which IMO is also a fair takeout price ($3). not even the most zealous sprague supporter can say that they are pleased w/the terms & circumstances surrounding this financing when they think back to August.
then you wrote: "As far as the bridge loan, Feeney et al weren't born yesterday. There must be some reason that debt financing is not better than equity...tough spot right now."
there *must* be some reason Ramsey... i agree 100% & *that* is what i'm trying to get @!
tough spot indeed!
