Tricks don't work ( besides, Cramer won't even consider mentioning a stock with a market cap less than 250mm for fear of "pump and dump" allegations)
What works is good business. Building a product that meets an existing business need (check), building brand recognition, and SALES.
Changes to the B.o.D. Are symbolic, they're also practical.
Shareholders don't have the ability to change the Director of Marketing or the CFO. But they do have the ability to hold the B.o.D. Accountable for a lack of performance.
Doing nothing will result in the same behavior going forward. A behavior which has resulted in a big fat ZERO for shareholders to date.
Talk about "old Chestnuts", the oldest "Chestnut" around here is an expectation of Wave being "on the verge". I've seen posts from as far back as 2004 predicting profitability was one quarter away.
The excuse that it's a buying problem ignores the reality that IT departments won't be throwing anything out at all, in order to implement a TPM based ERAS solution. It's a bolt-on.
Steven himself speaks of TPM's being part of a "layered approach" to security.
Numerous articles have been posted on this board quoting individuals involved with inferior solutions saying that their business has increased in the wake of the RSA hacks. But we still haven't gotten word of even one of those 10-20 accounts closing.
The opportunity is NOW, not tomorrow. If you had been told last year at this time that RSA would have been hacked, and that Sony, Lockheed, InfraGard (FBI), and Citi were hacked, would you have expected Wave to have generate Zero material sales in the wake of those events?
Meanwhile we're being asked to increase the rewards for the B.o.D. And management.
The parade of otherwise intelligent individuals whistling past the graveyard is disturbing.
AI
