hi dig,
possibly, but i haven't listened to the cc or read the transcript. it seems to be a waste of time to do so.
i just read the formal, legally-binding documents and listen to third party information. it's much clearer when you avoid wave's blind corner of success and just consider what is.
if the 10k tells you they are likely to require funding, assume it is so.
if wave's fortunes begin to improve, the written announcements will make it clear.
these things aren't even controversial.