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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 leodevoeon Sep 25, 2023 9:55am
30 Views
Post# 35651975

RE:RE:Holy Heck

RE:RE:Holy Heck

Firstly any engineering samples are a year away according to Yfi. Two things about that. They never make timelines and they have no money to produce samples. 

The company does not name names. This we know. We also know the company has claimed to be working with a ton of telcos and cablecos over the years. None of them have bought squat. So any utterance from Yfi has to be taken with a boulder of salt.  

"Revered channel partner terminal manufacturers". LOL. You write like a 12 year old who is trying to sound sophisticated. 

They have no "licensure" agreements. 

The Liberty Global POC was 2.5 years ago. They aren't doing anything with Yfi. 

"Modest financial resources". Yee ha!!! To put it plainly they are broke and haven't had any revenue worth noting in years. 

Yfi has never, I mean ever, had transparent messaging. Everything is couched in disclaimers. They claim to be working with a ton of big company's but never mention a name. By transparent you must mean jet freakin black.  

As for capital raises Engim raised about $36M. Yfi has raised somewhere between $20-25M. The big difference is Engim built  wifi3 and moved like a market player. They lasted a mere 4 years. Yfi made an early attempt but only had $9M from the RTO which they burned in 2 years or less. Since then they have raised dribs and drabs, never enough to actually build a company. If they manage to raise a few more bucks it will do nothing but keep the doors open. No one is doing business with a company that has no capital. 

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