WinLoseorDraw, You are running into the same barrier we are all fixed by. Wave has built this thing out in the open but with a helluva lot of secrecy. There are broad outlines and mostly circumstantial evidence that the thing functions.
Heck, if you go down this road you'll soon discover that Wave's premium revenue-generating EMBASSY products are also mostly a secret. There's some kind of utility business, a trust infrastructure, some detail on a smart signature and smart storage.
Part of the joy of owning this stock is the cloud of unknowning that surrounds it. And what substance there is changes at a moment's notice.
I'm just thrilled Wave got its deal with Intel. I hope the people in Santa Clara know what the heck they are deploying.