Wave is running on financial fumes, has to float (some or all) $25M worth of paper SOON & naked offshore shorting of wavx is not precluded & may not even be reported due to the SHO loophole of the Berlin listing.
then there are the fundamental problems -- decreasing revs (when all the speculation was that they would be growing exponentially), SEC investigation & CAs (which seem to have the effect of eliminating any "fluff" news to support the stock), maxed-out wavoids (who are as a lot are most likely deeply under water), a backed-off "break-even", a phantom NSM SafeKeeper, WaveXcess delivering UkraniaTV, steep competition fomenting from every corner of the IT security space, etc.
btw, is the PP buddy still holding ALL of his shares? if so, is he pleased w/the direction of the equity? of the company? maybe Wave will pull it off & write a fabulous new chapter in its history... maybe not.
the trend is simply not the wavoids friend.
good luck!
edit: Trombone - are you being played? have you even read Wave's filings? the SEC investigation is clearly not over. Wave says so in writing. you are wishful thinking, or hoping & praying...
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