Sixth Wave Innovations Inc SIXWF

RE:RE:Now 0.075 with less than $3000 of bid support to 0.01 levels

[throwaway11]

the thing is, as pissed off as I am about all of this, I still can't think of them as bozos. The fact is, sixth wave invented and sold a demonstrated working product using MIPs to the military. Gluckman is clearly an intelligent person. IXOS has been validated by government and independent/non biased research and stacks comparably to established IX resins. Look at the staff they employ on linkedin, these are clearly educated, well accomplished people, not a bunch of numbskulls posting about NFTs on social media and other garbage that would typically red-flag you that a company is just a pump.

my problem is that there is some odds between the story told by sixth wave about their product and how their highest paid management is acting. It seems to me that having a good cash position is king at this point for the company to act, and react in a timely manner and get the product on the market in best time possible.

The tech seems so good to us. Why isn't the company putting as many eggs as it can in that basket? If the company is gasping for cash to breath and is fundraising at absolutely horrible stock prices because they have no choice, then why are the management paying their top three (Gluckman, Cowan, McGill) over $1m a year in compensation when they already have a ton of shares owned? Why is a German investor saying he saw a ton of ads for their stock? Why did Sixth Wave spend this much on stock promotion at all?

To me that seems to suggest in some way or another there is something etiher about the product itself or its true, real-world market potential the company is not telling us about which vastly underwhelms the projections and implied sales potential discussed in their investor documents and interviews. Because the way they are spending doesn't imply a belief in the product.