RE:Great run but be cautious.I agree. I feel like the cat is out of the hat on this one given the activity. The large blocks getting taken down tells me this is beyond retail. Someone is accumulating.
From the September shareholder update:
On the OEM (original equipment manufacturer) and licensing front, the company is pleased with the progress at its F500 customer. It has made some significant steps in its joint product development this year, from delivering and optimizing the world's first multichannel WiFi software driver to finalizing hardware designs, internal components and customer lead innovations. The company is increasingly excited about the engagement, and it is working arm in arm with the customer's R&D and innovation team to bring to market this innovative product, which the company believes will help reinvent how the industry approaches retail in-store technology infrastructure.
The company is quite aware that the timeline for a broader joint announcement is taking longer than it had initially anticipated. It has heard you and wants to reassure you the project is still moving forward and the company is working toward an announcement in the coming weeks.
As an update, Edgewater's WiFi3 driver has reached final release. The company and the F500 customer are very pleased with the work that the company's team has done.
Then from the paid promo:
Edgewater is launching with a Top 5, Fortune 500 retailer for the world’s largest Wi-Fi and IoT deployment
I'm pretty at ease here. I talked to IR who reassured me that the F50 top 5 retailer business is theirs. They aren't competing for it. Then we get the shareholder update followed by a promo stating that YFI is involved in the world's largest wi-fi and IoT deployment. Are you kidding me? This is all happening guys, it's just a matter of time before the world knows. We have a beautiful float with just over 171 million shares out fully diluted, a product that can generate huge margins with little overhead, and in an industry that's experiencing massive growth. YFI is finally in the right place at the right time, and could be the next big tech company to emerge out of Canada. Obviously optimistic, but that's truly how I feel.