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Re: raise $1m at the expense of a loss of market value of around $10m

By: Cactus Flower in ALEA | Recommend this post (0)
Thu, 14 Mar 13 3:12 AM | 80 view(s)
Boardmark this board | The Trust Matrix 		Msg. 12859 of 54959
(This msg. is a reply to 12858 by tkc)
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hi tkc,

snackman's rumour-mongering makes me think the cash inflow may have been $9 or $10m. but the revenues may be $7, $8 or $9m.

the folks who work hard to influence wave investors in favour of the current team seem likely to be the ones making money off the status quo.


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The above is a reply to the following message:
Re: raise $1m at the expense of a loss of market value of around $10m
By: tkc in ALEA
Thu, 14 Mar 13 3:05 AM 		Msg. 12858 of 54959

Hi CF, I proudly dumped 20% of my WAVX the minute I saw thw PP headline. I read a lot of posts from unhappy campers. Will they vote for a new BoD candidate (if one could be approved by the nominating comm.)? We won't know unless it's tried. It would be interesting just to see if a viable candidate could be approved. Indeed the $1M is strange - they couldn't wait a couple days (if Q4 was more than decent) to use the ATM when SP spiked? I'm at the point where even though I'll suffer some I wouldn't mind seeing WAVX go under. Why? Because any shareholder that would vote for the current BoD deserves what they do to him. It's just plain stupid not to exert what little power a shareholder has. Dig, you're back as a poster on WAVXDD. I refuse although the monitor said he would readmit me 6 mos. ago if I wished. They just don't seem receptive to my counsel. I still think $10M+


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