You all should be ashamed!!
Forgot the SHM was this week, so I checked the board to see the posts. All I can say is wow........ What did you people expect?
I don't remember seeing a PR released with X number of units bringing Y number of dollars in. Did I miss this? Why on earth would Sprague and Wave hold this info back, just so he could hand all those that attended the SHM a neat little "here's some revenue" news just because you all have been so loyal over the years? Please, these guys are running a business. They don't owe you and I any special "gifts" of news or surprise revenue appear out of mid-air with a wave of Steven's hand. Christ, I would think at this point any revenue news would be released ASAP just so he could show the street Wave is here, not to give the longs, already holding many many shares another reason to "pick up another 10,000".
It's just plain greed. The same greed that drives the shorts and traders is driving you. The longs have just been on the wrong side of the coin, "not wanting to miss the big run up" Greed, plain and simple. Some of you need to take a step back and realize you're either here for the long haul, for better or worse, or this long slog ahead-yes I said long slog ahead- is going to chase you out of this equity. The tech takes a long time to enter and dominate the marketplace. In 1983 I was working for a record distributor. We are carrying compact disc, mostly classical, not many folks could afford a player. One of the first popular music cd's I remember coming out in a big way was Springsteen's Born In The USA in 1984. But most people still had vinyl. To my best recollection, compact discs really gained market domination towards the later part of the 80's or early 90's. A span of nearly 7/8 years. We may be looking at the same scenario here. Probably not as long to see the tech adapted because of the security/personal information issues we have today. I don't think the timeframe has started yet because we have not seen the product in the marketplace by more than a few manufacturers. The clock can start ticking when we have multiple manufacturers and we can say we know somebody who knows someone that has a machine with Embassy inside, or Wave's tech inside in whatever form it may be.
The rollout is out of our hands, and that is the most frustrating thing of all. Maybe not the most prudent way to get cash, but it could be the amount raised are based on the information the OEM's are giving them about product to the marketplace. One can only surmise
At this point, to moan about the direction of the company and more importantly, the share price, is more of a reflection of the shareholders unrealistic expectations at this juncture, and greed. GREED
Back to my exile,
Mymoneybgone
