The SHM this year will certainly focus on successes like Dell, Samsung, Acer and so on. I wonder whether the fundamental question of any SHM is going finally to be discussed, that is the elementary obligation of the management to preserve and increase the shareholder value.From 150 (reverse split considered) to 0.20 would desmise any management in any US public owned company quite aside from an enormous number of false, misleading and permanent "optimistic" statements which in retrospective look absolutely ridiculous. On the other side and this is the dilema Wave somehow survived and things are looking better than ever providing TPM wil get the expected acceptance. What can a CEO do when the company had no products or when the products appeared they face a long acceptance battle? I reiterate here again that Wave has a credibility problem because of his CEO whose statements have been misleading for too long and too often. Just make the admiral Wave CEO and the stock will be overnight at least 10! The trouble is the SHM do absolutely nothing to change anything. It is simply an annoying legal requirement to hold it and brings no change whatsoever unless some major statements are timed around it. This is the most we could expect.
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