Snackman, with regard to continued funding until BE, I appreciated your aggressive questions on the CC yesterday.
I remember Steven making the observation that Q1 actually is a the year's most expensive quarter for this company.
I also noted that not all of the company's employees (engineering) are spending their time on Wave's core products. And that they are providing outside consulting services, including R&D, thereby reducing the company's burn rate.
My question: Is SKS trying to tell us that the company is now growing into a consulting/developing company with an advancing prospect for continued funding coming from development work for some of our partners?
I can understand that if MS, Intel, Juniper, Dell, & on and on wanted to contract with Wave on further development projects, they would probably prefer to keep it low key.
As Weby put it, Wave is an amazing strategic position as a little Switzerland in this huge hardware-based trusted computing arena.
As I'm writing this, it has also occurred to me that Steven at one point responded with a comment something like, the company's intrinsic value is greater than just the anticipated revenue stream coming through the pipeline.
The capabilities of some of Wave's partners is staggering. I believe Wave is the glue among a lot more of the big guys than just Dell or Seagate. But Dell and Seagate already have contracts with Wave, and why couldn't or wouldn't they be willing to advance Wave some revenues on their anticipated sales, perhaps at a discount?
Yes, this is all speculation here on my part, but it is starting to become more and more likely that other streams of revenue indeed contribute to the continued funding of the company without need another PP.
Sound plausible to you?
AA
AI
