barge - don't think i could possibly have a lower opinion of Wave mgmt than i presently possess.
simply don't TRUST *anything* they say. they could proclaim that "today is wednesday" & i would feel compelled to refer to a calendar.
also fully expect that they will *always* put their avarice in front of your interests & wherever &/or whenever the two are mutually exclusive, you will lose.
thanks for acknowledging that i understand the implications of the potential & grasp the "big picture" of the terrain, as i have for far too many years.
i gave up the dream begrudgingly years ago, but gained the incredible benefit of seeing wavx for what it was -- a trading vehicle & it paid me well last summer to perceive it as such.
the ONE thing that has continued to keep me somewhat interested in following the company & stock is the wacky notion of interoperable secure web services.
on this point my man, we will always find some common ground!
nevertheless, as posted previously, i simply cannot bring myself to even consider an ownership stake in Wave when they face such enormous liabilities & the only thing keeping the pulse going is an illiquid position in another stock (which has about a 50-75% loss baked in) & the prospect of the company dropping another $25M worth of paper.
i wish you luck barge. i truly do. your unwaivering faith & tireless efforts deserve some sort of reward.
but i believe the faith that people like you place in people like Steven Sprague is sadly misguided & i think you will get burned badly in the end.
& if i'm wrong, i'll know it early enough to hop on the gravy train & profit...
but i seriously doubt i will ever don Wave pom-poms again.
good luck!
btw, 100% JMO
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