Wave Systems Corp. (fka WAVXQ)

[janicen_98]

Question--after all this time--why is it allowed for SKS and Feeney to take home almost 1.1mm per year for a company that has never turned a profit under their watch? If they were legit--wouldnt they say Ill work for 1$--Ive stolen enough shareholder money in 20 years? Comparing and contrasting two companies that are involved in both hardware and software products---->


Why is is that Hauppauge's entire management makes less than Feeney(combined) were not talking CEO--were talking CFO against CEO CFO and CTO??? On what basis do they make this kind of money?

Hauppauge has developed a new software(that goes with HD PVR) they just released that could be adopted by millions of consumers in the upload/youtube market. They've already sold 150k+ units and made 1.5mm last quarter in what is an infantile market that is going to grow for years. They weathered tough times but didnt raise their exec pay--they cut costs and finally came out with some very cool innovative stuff--while Wave Systems is on generation 14 vaporware losing contracts and sitting in a position of survival?
Wave prints shares and has a market cap of 70mm after falling over the last year nearly 120mm in market cap???? Hauppauge on the other hand despite making nearly .14 in one quarter sits in an idle position of half its market cap in pure cash 5mm and an enterprise value of 5mm. They never have PR and WAVX is a PR machine to print shares.

So someone explain to me why hasnt WAVX management taken less money in the last 3-4 years--especially now???