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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 Feb 06, 2024 10:36am
52 Views
Post# 35865190

RE:RE:Congrats

RE:RE:Congrats

Could be they are trying to find a lender RS. Personally I think it's to find investors. Let's just hypothesize for a moment. Let's say this valuation was in fact correct. And let's say they are able to get someone to lend them money or make an investment but alas it doesn't work out and they do fold.  If you loaned them money you would surely be repaid so you break even with a bit of interest income. But as a shareholder you would be buying shares for .05 and then in a distribution of assets, after selling the IP you would get somewhere between .50 and $1.00 per share. Nice deal.

Now back to reality. 

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