To all, this is your brain on CRACK!! AVOID at all cost!!!
I don't see the word "major" describing the Automotive company. The "auto company" could not be an auto parts supplier??
Or a line of car washes??...or oil-change outlets??...or gas stations???
We must remember that this PR is from Wave.
The contract enamates from an OEM, NOT the automotive company.
The 5 calander year time frame described in the PR for $5.7M isn't really something to call home about.
This PR has less fluff than others, but does not prove the Wave's Business Model...far from it; nor does it really sat too much about anything.
The share price movement, happening at the turn of the year, (while being a bit exciting for some), could relate to a zillion factors.
This PR is for a contract (cancellable) over the course of 5 years for $5.7M...NOT a big deal.