Bluefang, I don't believe Wave is too far gone. In fact I'm more confident than I've been in a long time that the company is now under the right leadership and direction to capitalize on those key TC solutions that have reached sufficient market maturity to generate revenues. Solms listens to the customer and should be very good at determining which products Wave can best exploit.
I don't now how quickly revenues will grow - and expenses further controlled - from this point. Hopefully we won't need another round of funding to bridge the gap we've been left with, but in either case I do believe we'll begin to see noticeable progress towards profitability over the next several quarters.
Like many investors I'm more than ready to see Wave move beyond its status as a never-ending idea lab, existing hand-to-mouth under these ultimately unsustainable mantras: "Well, we're still around after 20+ years," and "we have access to capital."
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