Wave Systems Corp. (fka WAVXQ)

[cypher]

There is a bigger cash drain..Its eSign Systems
A division that's been active since 2001 and by my estimates sucking at least 1m a year in salary and god knows how much in expenses and development. The problem is, their time came and went even before Wave acquired them. Since then its been one giant sucking sound since.
Too many better resourced competitors to be taken seriously. After asking around developer friends. The functionality provided could easily be put together with available toolkits in at worst case a couple of months.
And don't forget, most of what they have can be had for free !
Should be a simple decision for Solms. Kill it and move on. Pretty surprised he hasn't swung that axe already..
Good question for the CC in a couple of weeks !