In v10013, the AAX (Avid Audio eXtension) format for Pro Tools is often broken by the patch. Pro Tools is the industry standard for major label work. If you walk into a studio with a "deepst" system, Pro Tools will simply refuse to instantiate the Waves plugins. You will look unprofessional.
The phrase refers to a specific pirated distribution of the Waves Complete audio plugin bundle, specifically version 10.0.1.3 , featuring a crack (patch) by the group V.R and uploaded by the user/releaser deepstatus . The Core Software: Waves Complete V10 waves complete v10013 inclpatchvr deepst