Hi zen,
Nice post.
One point: I see Wave shareholders as having absolutely no responsibility to put the shining face onto the company. That's Steven's duty.
The fact he's made cautious-sceptical positions like mine, yours and doma's plausible is because, so far, he hasn't succeeded very well in turning Wave into a viable, revenue-generating operation or in communicating a reliable forward-looking story. Indeed, he's made the true cynics the owners of the sagacity trophy for years and years and years.
These things can change. Yes they can. And at this moment, he REALLY needs to have the company make such a transition. Indeed, I'm happy to leave room in my hypothesis to have him create the miracle which extracts the company from the hole it looks to me as if it is in.
But failing to acknowledge our position is not something I feel compelled to do!!
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