Countdown,
Could be 15 years worth of a whole lotta nuthin. There is zero sales commitment in this contract. Did I hear it correctly that Wave expended $5mm to garner $1MM last qtr? Translation, so far that means less than nuthin. A negative, so 15 years can in fact be bad. The time parameter is meaningless by itself and yet again, that is all Wavoids have to hang their hats on. Net Net matters, and so far each WAVX qtr has been nyet nyet. My shares have been written off long ago yet I look for surprises. Meantime, more 52 week lows. It's just the WAVX way......
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Fri, 27 Jul 12 5:35 PM | 41 view(s)
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And a 15 year agreement with Wave, can't be bad)
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