titlewave ~ you might be correct. We do not know enough to do anything other than speculate.
However, one fact continues to jump out, and that is that Wave's revenue, business model and success is 100% dependent on the performance and success of others ~ meaning that if they have no control over their own destiny and business model, there are always excuses that anyone can call to the forefront whenever it suits the individual.
Excuses (you might call them explanations ~ but I don't when they pertain to a public company's performance) are not what any of us have much of a stomach for anymore.
This is why Wave can not give guidance
This is why Wave has a new reason for non-performance every quarter ~ and why Wavoids always post the same thing prior to each CC. And that is, "I don't expect much in the way of revenues this quarter, but 1 - 2 quarters down the road ~ that's when we expect to see any measurable progress.
Does anyone know how many quarters in a row that's been posted? It's well beyond the "we'll see progress" timelines expressed on this board.
The truth is none of us know any more than the next person. It's coming ~ can be the mantra of this board for the next 10-years ~ and excuses for pushing out revenues can continue to emerge indefinitely. The difference this year (over years past) is that more and more investors are beginning to say, 'enough already with the excuses and delays. Let's see the performance now'.
That number will continue to grow every quarter that Wave underperforms IMO. That's a fact!
AI
