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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 juststocks500on Mar 19, 2015 11:29am
110 Views
Post# 23538531

Not Apple

Not AppleI think the company would have insisted on Fortune 100 as opposed to Fortune 500 company given AAPL is top 5 of 2015.

From a .02 cent SP comapny to .26 is as usual crazy returns for those who made them and this is why peole gamble on the Venture all the time.  Congrats.

A great story indeed, but as someone said much earlier this morning, their financials don't look that great.  With about 28M in deficit as of late last Fall's numbers on SEDAR, their situation isn't that rosy.  Granted, they have money in patents.  But those patents aren't making money right now to come even close to recovering their investment.

But I'll leave it to yyz123 to take a bit more of the rosy out of those retailers who came in too late and are starting the hold the bag.

Disclosure: I don't own YFI.  I fully intend to own some after yyz123 succeeds in shaking the tree a lot more.  From .02 cents to .08 cents is a 400% return on progress made.  Seems reasonable to me and I'll be waiting.  Give'em a few days.  He's just getting started.


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