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DragonWave Inc DRWIQ

DragonWave Inc is a Canadian company which provides high-capacity packet microwave solutions that drive next-generation IP (Internet Protocol) networks. It operates through the single segment being Broadband wireless backhaul equipment which includes embedded software. The company's product line includes Harmony, Horizon, Avenue, and NetViewer. The company operates its business in Canada, Malaysia, and another region. The majority of the company's revenue comes from Canada.


OTCPK:DRWIQ - Post by User

Post by bailey2on Mar 18, 2017 9:24am
312 Views
Post# 25997171

another offering

another offeringLooks like they filed another prospectus in the U.S. yesterday. For around 900,000 shares.
Looks like fully dilluted they are going to have around 10 million shares. I'm not really sharing the love. So in the past year , they have at least tripled their outstanding shares. None of their original warrants were exercised at their original prices, which would have given them scads more money in the bank than -lowering the warrant price and issuing all these shares. No transparency with any contracts. No quarter updates, like most companies do. No insider buying. Is it not funny how it can trade it's whole float in a day, and instead of letting it run a few days, to perhaps higher prices and perhaps a higher pp price, an announcement is made the next morning at an offering 30 or 40 cents below the closing price. Who wants to add anything?
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