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Bullboard - Stock Discussion Forum 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... see more

OTCPK:DRWIQ - Post Discussion

DragonWave Inc > Bankrupt?
View:
Post by cheema007 on Jul 31, 2017 1:41pm

Bankrupt?

Is this thing for sure going to 0 or is there still a chance it can survive through this?
Comment by SSRT861 on Jul 31, 2017 11:57pm
Peter Allen,CEO,and Patrick Houston, CEO did not have the balls to attend  the Bankruptcy Court proceedinds today, or hire a lawyer to represent shareholders'interest. Reviewed the Court docuuments today, and came to the conclusion that debtor bank had been in discussions with Patrick Houston to arrange an amicable settlement but Dragonwave management did not respond on a timely basis ...more  
Comment by SSRT861 on Aug 01, 2017 12:08am
Patrick Houston is the CFO and not CEO. Just minor correction.
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