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Re: questions about wave's business model

By: Cactus Flower in ALEA | Recommend this post (0)
Fri, 26 Oct 12 4:12 AM | 66 view(s)
Boardmark this board | The Trust Matrix 		Msg. 11048 of 54959
(This msg. is a reply to 11042 by 24601)
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hi 24601,

yes indeed.

but i find myself exhausted into submission by Wave in that regard. i have come to expect mismanagement, cash deficiencies, dilutions, excess salaries and a rotten, empty pipeline. but i no longer have the energy to comment upon it.

i think the shareholder vote in favour of the current board finally made me realise that wave isn't fixable, however poorly it is managed. so the wavoids have got what they wanted and there's nothing to be done about it.

dilute away. as a whole (or a majority thereof) wave's investors have no complaints. apparently.

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The above is a reply to the following message:
Re: questions about wave's business model
By: 24601 in ALEA
Fri, 26 Oct 12 3:07 AM 		Msg. 11042 of 54959

It is supremely ironic that the most hopeful explanation for the "registered direct placement" is that it provides a sweet deal to a chosen few right before everything turns rosy.

Dispensing with hope in favor of experience, it is supremely disappointing to see this company still selling stock at this stage.

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