Well, that's encouraging to hear. I hope you're right--that Wave is not too far gone to save. It would be wonderful for many people if good mgt could cure most of the ills the past regime left us with and begin a turnaround.
I certainly hope you are right and that your confidence is based on hard facts. But before we hear much more about the real status of Wave, not least about its financial health and about those "huge" pipelines ready to materialise since ... years I remain most sceptical. Too much nonsense accumulated over the years and the "family" + BoD were much too close to believe that suddenly a new world is there. I would rather prefer the SEC and then the State attorney office moving in to clean the place once for all.
it is my wish that the new ceo ends the hopetease and seats communication with shareholders on a realistic foundation.
no more speculation about major orders. limited information about development as this just fuels yet more speculation without a timeline. no mention of the word positioning.
their replacement by sensible forecasting, greater clarity about cost management, the explanation of recent results in light of previous forecasts, reporting focussed on existing products.
and direct answers to questions.
it's kinda ridiculous that wave's conference calls are a laughing stock.
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