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Re: The rest of my post

By: Cactus Flower in ALEA | Recommend this post (0)
Sun, 28 Aug 11 11:00 PM | 34 view(s)
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Msg. 05717 of 54959
(This msg. is a reply to 05714 by Hari Selden)

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Hi Hari,

Didn't Wave just renew the shelf?

May suggest that Wave is anticipating growth but hedging its bets.

The mass hire is the financial fact that has piqued my interest.

[SKS quotes are ruled insufficiently reliable for testimony one way or the other]


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The above is a reply to the following message:
Re: The rest of my post
By: Hari Selden
in ALEA
Sun, 28 Aug 11 10:20 PM
Msg. 05714 of 54959

TKC-

The sudden appearance of over 100 million dollars in business would also require the presence of enough employees to service those accounts. I am of the opinion that Steven is adding to the work force to do just that because he sees that sales of that magnitude is about to emerge. The only thing that I can see that would invalidate this notion is if Wave suddenly comes out with another PIPE. Absent a PIPE, the employees they have added are unsustainable at these sales levels. The next six weeks should tell the tale.

And Wave is still adding multiple positions...

Really, Steven would have to be pretty stupid to add a bunch of employees that he can't afford to pay. Those people likely came from other organizations and have ties there, and would ruin Wave's reputation if they found that the company could not pay them as promised. We would never get any quality hires again.

So, it is either the PIPE or a substantial increase in sales. Soon.


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