"certainly if folks were to assemble, develop a plan, gather equity, and launch a business, I'm always willing to listen .... and I did, but what I listened to was not scrambls."
You listened. You listened to a man, an outfit, that has consistently over many years told you things that are nothing but talk - talk designed to keep the investors hooked.
Wave investors, in a way, are simply a perpetual venture capital provider for the Sprague machine. It's kind of like a family controlled new idea incubator that has legions of fans willing to put up the $$ needed to chase new idea after new idea when the previous ones fail to become profitable.
Yep, we listened to all the talk about securing cyberspace, and now we're focused on the brilliant new FREE toy to encrypt social media posts.
For sixteen years I've wondered how the name WAVE relates to the company's (oft-changed) mission. Only thing I've come up with yet is WAVE goodbye to your money.
D&O