Yes, dig. It is so.
But I'm thinking I don't care to that level of detail at the moment. Any more than I give a damn about what some people call DD. Due Diligence is not some exhaustive exercise in turning over every last technological stone. Or always supporting the company and excoriating those who observe its missteps. It involves expectations of revenues and timelines and cashflows and suchlike. That is what Due Diligence involves. Hey, I've been paid to do it and it was mostly a numbers and best assumptions game.
Snackman's board is not exactly replete with people interested in the kind of discussion that involves this sort of information. So for the most part, I think it may be wise to leave them gazing lovingly at their own navels. They want to live in a numberless fantasy. That's fine with me.
Of course, if nxt is correct about the motivations of some of the folks over there, then I am glad not to partake in the conversation and to operate within a forum in which sanity prevails.
Since Wave has no idea about what the future holds, I think we can presume that a cautious approach to forecasting makes sense. Hence my $34-8m for 2012. Beyond that, I am not sure it bears the ink.
Like doma says, it is just a sort of groundhog day.