I think Wave's value depends upon the credibility of its claim that it will sell its services to the US government.
The diminution in the price suggests that few believe it will.
But if it does, then the company will surely be worth a great deal more than it currently is.
The people who know whether this is likely are not buyers of the stock.
I see why there is so much angst about this issue.
We have seen the timeline recede again recently. The recession of the timeline has been a continuous truth of ownership of Wave's stock. I still believe that Wave is positioned to provide a uniquely powerful tool to protect valuable information as it is used, stored and exchanged in client equipment.
It would be nice to think that Wave's officers and directors agreed and were prepared to invest in their agreement.
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