Replies to post #239858 on Wave Systems Corp. (fka WAVXQ)

[waveduke]

Blue,

I never claimed to **not** be anonymous. If I were not anonymous, I personally would attach a little (very little) more meaning to my own words if I were not me. Hopefully that makes sense! By default, what I say to you also applies to me.

Blue, you claim to have no agenda, but why else post? There must be some reason for you posting. You may be as clean as a whistle, you may not be. Hell, people lie to the people they love so I hope people on the boards know dishonesty is usually not self reported. As I tell my kids, in order for the world to reconcile, you better create a lot of positive, because we know there are a lot of negatives.

On registering of the shelf. I used to be of a very strong opinion that my firm does not need cyber security insurance. Then, a client required us to be insured beyond an amount that is within common sense. We got insured. I was not a liar, nor did I misrepresent. You get my drift?

On a last note, if you have ever done business with a large client you will know things can take a long time to sort out.

[RootOfTrust]

Already there is slippage on that front and I believe there is a far more serious one coming up soon--his prediction and his reiteration on Nov. 6 that Wave will be CFBE by year's end. How will he reach that goal if there are no new sales?

On that basis, I believe shareholders are justified in requiring Bill to explain exactly why he made the prediction and missed it, if in fact Wave is not CFBE.

Are you sure you wish to claim Solms made a prediction? Perhaps you need to review his wording and concede the difference between a
"prediction" and a "goal". Otherwise you're misrepresenting reality, not non-analagous to your criticisms of the former CEO (many of which I agree with).

From the Q3 CC:

But importantly I still stand by my previously stated goals for this year and I acknowledge that it’ll take some strong sales execution in order to achieve them. For those of you who don’t remember the goals that I stated from the time that I became CEO, the first was to become - to hit the cash flow breakeven point or the point between which we’d be cash flow positive, and then secondly to make us profitable in terms of our revenues.

I - as I mentioned before, you know, I stand by the goals that I established when I first took over, and it’s up to us now to do those last steps of execution in the final remaining weeks of this quarter and to roll that success into 2015.