The only thing I will say about the Wave audit report PR today, is, A) that it's not abnormal for companies to do this, and B) That even Wave management must realize by now that they've done nothing but feed us a steady diet of disappointment, delay and doubt. They've now published more 'need for money' financing PRs than they have regarding deployments and OEM partners.
Even Steven has to be asking himself why anyone would be a Wave investor with this kind of non-performance. If its more a result of being muzzled by ongoing NDAs, then I'm not so sure that any CEO shouldn't expect his investors not to be disappointed in his inactivity and lack of progress. It's always close, but never here. IT's always next year, and we need more money.
Very discouraging, and a shame for such a great product, good leadership, and noble intentions.
T123
