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player1234

05/13/15 12:01 PM

#242054 RE: Escrow56 #242052

He set a goal of break-even by the end of 2014.
Missed.

He told shareholders at the annual meeting he would have enough cash to avoid a PP with a cushion.
Missed.

He said he would have announcements of deals by the end of 2014.
Missed.

He said he would have a definitive agreement with a partner signed by the end of a subsequent month.
Missed.

After missing goals for 2014 he said he would go over by a quarter or two.
Missed the quarter part and is now up for question on the "or two" part.

He cut expenses.
Yes.

It is not trivia that he has continuously missed his own goals.
That's why the share price is where it is and they are running out of cash again.

Security is among the hottest segments of the market.
Wave Systems, quite the opposite.

player1234

05/13/15 2:21 PM

#242059 RE: Escrow56 #242052


Other goals and statements made regarding the company

Feb of 2014 "It will be nice to see Wave at break even and soon to have positive cash "
Missed

Feb of 2014 " I do not see 10 million this report but closer to nine but next quarter is definitely a major uptick from what I see and hear."
Missed & missed

Feb of 2014 "Sammy wants us for at least 15 years and they are hot hot hot "
Missed