Replies to post #238461 on Wave Systems Corp. (fka WAVXQ)

[dig space]

wd, credibility and the plan.

The plan, in its simplest terms is/was;

1. identify immediate/near monitizable assets/products.
2. buff those products, focus on selling those products
3. replace anybody and everybody to effect 2
4. recapitalize the company and afford a "cushion"
5. successfully sell enough stuff to land in the ball park of c.f.b.e. within the recapitalization runway noting available cushion above.

So, not getting knocked off the plan means none of anything except the above. It is difficult for me to say when I need to see results along that plan, I am only left with filings, trends, and a worn abacus.

That being said, the balance sheet (filings), cash flow (from filings) and trend (from filings) mesh more or less exactly with forward looking statements regarding the 'second half of 2014' as far as a reasonable use of an abacus would project the runway to.

Does this mean clear monetary evidence prior to the Q3 report ... well, kinda, but not absolutely.

My napkin had a dreadful Q2 followed by near term confidence building sales (8-kable) and an encouraging but short of complete Q3 report.

It becomes steadily more dicey as Sept30 and then Week 2 Nov come around.

If he can show up at Q3 report with that clear monetary evidence (even it occurs fiscal Q4 but prior to the Q3 report) then what you say seems sensible ... his words gain gravitas, a credible argument for turnaround could then form.