Alea, as a self-proclaimed bean counter, Wave seems like an odd vehicle for you. Many things had to happen before any beans could be counted. I have employed and worked with many who need to see things before they occur to believe they can occur. For many bean counters things are black or white. Grey does not exist and cannot be counted.
Success was never imminent, but the probability for success has been changing and evolving for 10 years. As I have stated, Wave has needed wide-spread adoption of TPMs and/or SEDs to have a chance at success. This was not in Wave's direct control; this was achieved by industry and roof top yelling.
As I tell my kids, the true mark of honesty/credibility comes when speaking the truth may cause you personal harm. Everyone is truthful when they personally benefit.
Everyone knows the fool me once idiom. Wave investors refused to be fooled at some point and it is reflected in the share price. The unfortunate thing in all of this is that SKS recently stated he wanted to positively surprise investors one quarter. That quarter never came. Wave investors were very forgiving for the better part of 40 quarters
Because of the credibility gap, Wave's valuation is much lower than it could be. Some investors care about now and some investors care about later. Neither investor has been satisfied with Wave. Now Wave is still losing money and SKS credibility with regard to later was long ago damaged. I believe that if a credible message can be crafted that is believable, investors will be more willing to buy the stock; go ahead and disagree, but it is simple math to me.
I know you like to pat yourself on the back, so pat away. I hold a different opinion than you -- like it or not. I thought this board was open to different opinions or do they need to conform to your different and if they do not, you disparage the thoughts?
