Sixth Wave Innovations Inc SIXWF

RE:RE:RE:RE:RE:RE:RE:RE:SIXW Rejects PP financing described in January

[TheEdge101]

My view of the company is also aligned as that of Bam's but what I don't agree right now as you may already know are the people on top.      He's been making one bad move/decision after another.  Again, I don't really buy the idea of it's not entirely their fault , that the company they chose to deal with didn't pan out and if I may borrow your word  "dissolved".  Imagine this, they signed a 3-phased contract with Magnus last Sept possibly worth $50M and the entire thing dissolved months after?

Any publicly traded company (not venture) would've either pulled the trigger already in replacing the CEO once its stock plummet under his tutelage  or step down if he has the decency to do it.   Them taking lower salaries are of their own doing -    I view that move from a position of weakness. They feasted on the longs giving themselves high salaries prematurely.

I once thought that this stock should be worth north of $5 if managed by the right people.  COVID came and he (JG) planted a seed that the company is in a better position because the technology is built for this which I totally agree even up to this point believe it or not.  It is also for this reason I assumed once we have a good product, it'll push the stock even further north of my initial valuation. Their AMIPs NRs that their technology detects multiple better are good and all but without a commercially available product, it's NOTHING.    He gave us an unrealistic timelines on those videos and that's what JG gave the investors so far -- NOTHING!   That to me is JG , he overpromises and underdeliver.

I am glad that you gave me something I haven't heard of in a while and that's it's still drawing interest from other companies ....... and it's a good thing. 

I still have hope that this is just one product shy then off to the moon.