gokitesurf, we "get" it. But why should we assume, as you seem to be, that sales have been great in the first q, considering what he said? Isn't it equally credible to assume that things are going along at a glacial pace?
For the last time, my point concerns optimal financial structure of a firm such as Wave in the absence of complete information. It is an abstract concept that has applications in the currrent situation.
I don't have any point about future sales levels other than the lack of guidance.
I do not intend to sell my shares that I have held since 1995 and I resent being told to do so.