Wi2wi Corp V.YTY

Alternate Symbol(s): ISEYF

Technology Communication Equipment

Wi2Wi Corporation is a global designer, integrator, and manufacturer of wireless technology solutions for a range of global markets. The Company designs, manufactures, and markets integrated, end-to-end wireless connectivity solutions as well as customizable, high-performance timing and frequency control devices. It provides real-time technical support throughout the entire product life cycle for customers across the Internet of Things (IoT), Industrial Internet of Things (IIoT), avionics, space, industrial, medical, and government sectors. The Company's product suite includes wireless connectivity solutions, frequency control products, as well as radio frequency (RF) and microwave filters for avionics; space; military; defense; government; infrastructure; industrial; automotive; medical; communications; mobile radio; IoT; personal navigation devices and premium consumer applications. It enables customers to reduce their wireless research and development expenses and time to market.

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Wi2wi Corp

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Comment by Sir_Holleron Jun 21, 2015 5:44pm

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Post# 23853445

RE:RE:RE:RE:RE:The LaSalle acquisition at 12.5 cents is great news

The news release says this deal allows them to focus on growth. Since the convertable matured in November anyways they are not going to have to spend time trying to find ~$4 million from other sources by November to pay off the debt. They've now taken care of that debt. Maybe they are eyeing another acquisition for growth. Maybe the new sales team is having success, as evidenced by the growing backlog, and they need to finance this growth and the next financing will be to support it.

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