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Edgewater Wireless Systems Inc V.YFI

Alternate Symbol(s):  KPIFF

Edgewater Wireless Systems Inc. is engaged in Spectrum Slicing technology for residential and commercial markets. The Company develops advanced wireless fidelity (Wi-Fi) silicon solutions, access points, and intellectual property (IP) licensing designed to meet the service needs of service providers and their customers. Its physical layer Spectrum Slicing allows a frequency band to be divided, or sliced, to enable more radios to operate in a given area. Its silicon solutions are products delivering multiple, concurrent channels of Tx and Rx from a single, Wi-Fi standard compliant radio. Its Spectrum Slicing powered products are designed to address the needs of carrier-class, high-density Wi-Fi for both residential and commercial deployments. Its products are designed with its comprehensive, user- friendly and intuitive Element Management System-EdgeNet, that offers service providers with flexibility in configuring and independently monitoring each 802.11 channel in the network.


TSXV:YFI - Post by User

Post by BigPoppaStockon Dec 11, 2017 2:06pm
167 Views
Post# 27131991

My Thoughts...

My Thoughts...Obviously not the news we were waiting for, but the fact that the placement was non-brokered and fully committed is definitely a positive.  The guidance we received from management is also very positive:  "This is a landmark financing for the company at the highest level ever and we would like to thank all our shareholders for their continued support of the company since its inception." "This financing helps us expedite our aggressive path forward."  We're talking a very small amount again, which leads me to believe there's still much more coming.  The stock price is very well supported in the low 60's, and my guess is that we hover around here until we get our next release.  I'm happy to see that the company is well supported by existing investors.  Raising money at the highest valuation ever was not a problem.  Stay focussed on the big picture here.  I'm sure everyone here would have take a $.60 stock price to close the year just a  couple months ago.  We've still rallied over 200% since our lows in late-October.  Good opportunity pick up some cheapies here imo.
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