barge,
your summary of the WaveMeter patent contains major oversights and flaws that require your urgent attention. That the CEO of Wave has told you this is not the WaveMeter is a good position to start from in the exploration of the notion that perhaps it actually isn't the WaveMeter.
The facts are SKS has always overstated his hand, and here he is stating it is NOT the WaveMeter.
Review the Wave patents. The notion that the WaveMeter entails dominion over client side consumption of digital content is massively out of step with reality. The notion does, however, do much in explaining your unabashed bullishness on this equity.
Your Friend,
Dig Space.
The above content is my opinion.