The transfer was due entirely to the repeated failures by RB (it was an extremely frustrating board to use back then). I don't believe there was a conspiracy afoot...
After reading your post, I immediately thought of the MATRIX. That there is this great but largely hidden manipulation and conspiracy sucking people into Wave and manipulating the news and the news environment to support the conspiracy. I'm not laughing at this (who knows what they don't know) but I can say I was close enough to the IHUB move to find any connection utterly improbable.
I think your last posts have also completely clarified your perspective on Wave. I assume you'll be counseling your flock that Wave is effectively a sham designed to fleece unsuspecting investors but if you know all this you can benefit just like the crooks do.
At least I can look forward to the next pump to $5. To get there I assume they'll need to announce additional partners, new products and some sales. Clearly embedding won't do it any more.