Wavefront Technology Solutions Inc V.WEE.H

A real CEO would have dealt with these overinflated salaries

[gojotv!]

...years ago.
What the boys are too naive to understand is that they're swimming with sharks.
The mavens of the oil industry are not their friends.
When WEE runs out of money, they'll just step in and take the tech. For free.
It's a survival game, and one where you have to be selling every day.
They should have partnered with O&G juniors years ago. Prove the efficiency of the tools by lowering costs for startups. That would have gotten the big boys' attention.
They should have gotten tools in the ground at every opportunity.
They should have a robust online presence by now. What good is a website if there are no links to it anywhere on the internet?
Do you know how many people I've met in Alberta who work in O&G and who've never heard of WEE? That says everything. People don't talk about a tech they've never heard about.
I should have guessed, when I saw a pool table in the old Wavefront offices, that these guys weren't focussed.
I should have guessed the company was finished when Tor Meling left. He was the only guy working after 5:00, as befits a startup.
Sucking up after the big names in oil and tech and rubbing shoulders with the glitterati in those industries is good for the ego, but bad for business.
Trim costs, get tools in the ground, and get going.
And if the biggest expense in your business is YOU, then resign, give the reins to someone who can get more done at a quarter the cost, and retire, already.
And FFS, get a car that you pay for yourself, on your inflated salary. It's easy. Just unpucker your mouth and pull it off the tit. There, see? You're weaned. Like a grown-up. (I cannot believe these guys have company cars. A real CFO would have trimmed that cost years ago.)

[Weeble]

Operating and maintaining their own cars is probably far too complex for them.   They should just shut down and license the patents and technology to somebody else.  Which brings up another question.  How much longer until the patents runout?  The website says average patent life is 14 years but from when?  And for which patent? They have been twiddling their thumbs for

[Eagle1970]

Patents are good for 20 years

[Freezerburn]

It's been 30...

[Eagle1970]

Yes, the way the gas and oilfields are now companies are hungry and watch when patents run out. They  start building and changing names of tools. The sales pitch is "This is the same as ..." Pretty cut throat now days.

[tannin]

Is WEE AI alive? If yes, WEE has value beyond tool patents. Mgmnt....76 million bucks down the drain...and still losing....says it all.

[tannin]

To everything you've written gojotv.....YES.