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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

Comment by TDMAN29on Sep 08, 2023 11:21am
30 Views
Post# 35626168

RE:RE:RE:RE:On or Before

RE:RE:RE:RE:On or Before
SamDiego wrote:
TDMAN29 wrote:
LetsGetRichNow wrote: Who cares , let come back and trade when it's over 8$ American !

If a CEO releases a statement on something so important as a possible cease trade order then keeping one's word is essential in keeping or regaining trust. It's pretty important LGRN. Maybe not for you but people that think will understand. 

 
In general I don`t disagree with you TDMAN29.  However, read carefully at what Andrew actually stated and question him on it.  Is, or has the co. being working diligently to facilitate the completion of the audit?  And if they expect to file the required documents by today, is that expectation subject to any other party completing their requirements?

Now if you can find a legal precedent whereby the courts define the "word" expect" the same as the word guarantee, then I agree that completion to file beyond today would be Andrew breaking his word. 




The company is currently working diligently to complete the convertible debentures related analysis and facilitate the completion of the audit of the annual consolidated financial statements by KPMG at the earliest possible date. It expects to be able to file the required documents by Sept. 8, 2023, or sooner.

Word soup while shareholders can't access their money for an unknown period of time?  How about never let it happen in the first place?  This is a massive failure for a public company. and this is the second time it's occurred. Hey Sam, your boy really dropped the ball. 
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