Wave Systems Corp. (fka WAVXQ)

[mymoneybgone]

If anything, the board is complicit in everything that has gone poorly not involving the actual uptake of product.


A short list would be allowing the long term rental of olympic equipment for TV Tonic which was shuttered weeks after. The race car adverts for a product that has provided zero revenue and still isn't working with IE as far as I know, the running of WXP out of an apartment, the purchase of the money sucking Safend.

One can argue they had no say so in those decisions. They are supposed to be the oversight, the protector of the shareholders among other things. It's the next questionable thing after the next questionable thing.

And this group pulls down well over 400K in cash, The Bershire Hathaway BOD collectively hasn't made that in over 20 years combined. And unless they put the brakes on the BOD compensation the track has them pulling in a cool better than 500K this year.