kev, moreover ...
those that show Wave seem to migrate to solutions that are their own or do not include Wave.
There are times where one might conclude that SKS is getting duped.
(I know, I know, he invented hardware security (NOT) and yada yada yada)
If this management was really good, ATML, and Infineon and friends would have never made such headway in the presence of such a clear "market leader". If this management is good in some areas, poor in others, and otherwise has a collection of reasonable IP, then there are still crumbs worth well more than 85 cents (of course depending on just how brutal and massive the next round of dilution and likely reverse split are).
Your Friend,
Dig Space.
The above content is my opinion.