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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 bigcomebackon Apr 15, 2015 10:40am
107 Views
Post# 23631472

Insider warrants

Insider warrants
New to the board. Hello all. According to the filings on SEDI Duane and Andrew both bought $25k of the private placement giving them each 500,000 warrants. I presume they will exercise them as they are about $75,000 in the money each. Whether they sell stock or not to pay for them depends on whether they have the $55,000 to excise them. Neither really negative or positive imo just personal situation related. All other warrants likely exercised as they are well in the money. If not would be like leaving free money on the table. GLTA
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