mundo: The overall sentiment of the board is we don’t like it. Wave leadership knew the sentiment of their shareholders (including myself initially) would be negative with this news. No surprise for Wave leadership there. It simply comes down to is Wave truly in desperation to remain on the Nasdaq for future financing needs just to stay afloat or is this a signal that Wave is getting ready to explode as Trust and Snackman have suggested? Is Wave leadership truly that desperate at this point of the game to piss off their faithful shareholders after all these years? I would remind everybody that Waves last financing round at market price is a significant indicator that the desperation just isn't there. On the other hand, there's huge upside to separating the wheat from the chaff as it relates to the shorts and investors (no names) who plan on jumping in at less than 2 bucks when the tsunami comes without notice. In other words, a reverse split would lock many of us longs into an investment that will be awfully tough to get into financially for many when the explosion happens. I’m buying heavily on Monday.
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