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Bullboard - Stock Discussion Forum DragonWave Inc DRWIQ

Technology
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... see more

OTCPK:DRWIQ - Post Discussion

DragonWave Inc > Any guesses?
View:
Post by JonathanJSmith on Jan 10, 2016 9:58am

Any guesses?

Any guesses as to how much money they will announce they lost during the quarter this Wednesday?

I'll guess:

Revs: ~$22MM
Net Loss: ~$11MM
Cash Loss: ~$6MM

Reverse split: 1:20

Almost makes someone want to buy another several million shares! lol

JJ
Comment by BIGMOE on Jan 10, 2016 1:11pm
I am waiting for Allen to be fired!  I lost 95% of my investment.  How can a company with $500 million market value can go dwon to $10 million and you keep you job.
Comment by barneyj44 on Jan 11, 2016 6:05pm
Allen will keep his job as our board are a bunch of lame ducks who would be hard pressed to make any educated decisions.
DragonWave Inc
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