A question that should be asked and answered at the CC that would not decrease stealth (that all so important stealth) and SHOULD be answered because it is not that difficult of a question and forecast to put your arms around is:
"When does Wave forecast to see its first half million dollar revenue quarter?"
We're talking about $500K folks. If there are so many irons in the fire, they should be able to determine at what stage these projects are in with respect to the sales cycle and crunch some numbers. Even if the answer was Q2 2005. Just an answer that is honest and 100% definite. It is something in any case. We're already at 88 cents. It can't get much worse. If they can't even predict sales of $500K after all this time, then why would an investor hold their position. Maybe, just to keep paying management's salary and bonus is all I can think of.
And that's why if they can't provide some guidance like this example, I believe there will be a huge sell-off. Now, the question is:
"Besides me, who will attempt to get through and ask this simple question." I have tried on past CCs to get through and never have. Makes me think that only known investors are able to get through. I hope you guys see my logic here and make the effort. It is for all our good. Its not a bad thing. Someone has got to ask a question like this which is in shareholders' benefit. I can't believe how calm, patient, understanding and bend-over-backwords polite shareholders are during the CC question sessions. SKS has 1 hour to be exposed to accountability on execution and it does not happen the way it should.
Paul
