Edgewater Wireless Systems Inc V.YFI

Alternate Symbol(s): KPIFF

Technology Communication Equipment

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.

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Edgewater Wireless Systems Inc

Bullboard Posts

Comment by discern1on Dec 14, 2016 12:38pm

111 Views

Post# 25598958

RE:RE:RE:RE:RE:RE:A Question

Let me make myself clear for others. We have had significant pressure of insider selling because Edgewater Computers already owns a significant quantity of YFI shares and needs capital. The board of YFI could choose to take the captial raised from the cablelabs warrants because the share price was over $0.45 for 10 days and can force the shares to be purchased and purchase their own shareas that Edgewater Computer has stated already that they will sell to raise capital.

We purchase these shares at $0.32 and as a result there will be no more need for this slow leak of insider trading.

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