WAVX Primer for new investors
A great investment shows:
1. Growth Market
2. Monopoly product
3. Low Debt
4. Adequate Cash
5. Good Business Climate
6. Demand for product
7. Good management
1. We can agree that WAVX has a growth market- all digital data.
2. It has a hardware e-commerce and security product that is presently a monopoly.
3. It has low debt.
4. It has inadequate cash having spent millions over 10 years developing the wavemeter. This is good in the sense that the chip is patent and cash protected, that is, too expensive to develop again by little guys and patented against big guys.
However, they have to raise some cash by sales or dilution.
5. The business climate is questionable but e-commerce will grow no matter what.
6. Demand comes from anybody wanting to sell digital data securely to more people. People want to spend less than full ticket to sample movies, photos, magazines, games, audio. Use what you need, sample, pay in installments,,,the Wavemeter does all of this securely.
7. Good management. The Spragues are well known and respected in the technology world. |
