the time to mutiny is not after the ship has hit the rocks, the time is when the rocks are in sight and the captain is oblivious. awk, through snacks, blocked that effort a year ago when the rocks were insight and the captain was oblivious. A consenssu had formed for some changes, a few influential shareholders had a chat, and decided to go with the status quo. Wave's options now are few. Such is the case when a ship is trapped in the rips near the rocks. Short of a miraculous BigNewSale by Wave, the circumstance set by the controller of large share interests by celebrity (awk through snack) have secured this fate, for better or for worse. the ship will hit the rocks. People survive shipwrecks like this, some even benefit, but for most it is 'capital destruction'.
It has been agreed for some time that the timeline of TC adoption is very difficult to predict, but management and influential shareholders combined to decide that regardless of its unpredictability, that they would aim straight for the rocks and hope for the best ... only to say afterwords the timeline of adoption was terrible difficult to predict. That was the point! The timeline is terrible difficult to predict, so don't eat all your food on day one! SKS, awk, and snackman decide dthat eating everything as fast as possible presented the potential for the greatest reward ..., but ignored completely the massively increased likelihood for complete loss.
NOTE: This post is about Wave Systems, the people that make decisions for Wave Systems and the people who most greatly (deliberately, publicly on matters of proxy vote they have brought into the record) effect the decisions of shareholders of Wave systems. This post is not about posters, it is about the stated roles of individuals in governing Wave Systems, the stated positions of these people and the extant consequences of those stated positions.
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