Replies to post #240856 on Wave Systems Corp. (fka WAVXQ)

[aleajactaest]

"he, himself said he expected to be held accountable. But he says nothing. He is not accountable."

To be held accountable requires someone to do the holding.

That's the job of shareholders. And/or the Board.

He isn't in default on this suggestion. I imagine we will see shareholders hold him accountable at the next CC. To the extent they wish to, anyway.

[RootOfTrust]

Root, I would urge you, based on this company's truly bad history--to not let anything go on beyond a stated time. If the CEO says CFBE by end of 2014, he should either hit the mark, or, if not--then explain why he didn't hit the mark.


And what words would you suggest be used? You actually think it's a good idea for a CEO to make public statements between conference calls to rationalize delays? Better to produce results and announce them when they happen than to makes excuses in public.

The need for the $3.6m PP is what caused the SP to decline, nothing Solms said in the Q3 call, nor anything he could have said publicly since would have changed the outcome or will going forward, only billings can.

It seems you want Solms to use his mouth to try to fix things as Sprague always did.