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DragonWave Inc DRWIQ

DragonWave Inc is a Canadian company which provides high-capacity packet microwave solutions that drive next-generation IP (Internet Protocol) networks. It operates through the single segment being Broadband wireless backhaul equipment which includes embedded software. The company's product line includes Harmony, Horizon, Avenue, and NetViewer. The company operates its business in Canada, Malaysia, and another region. The majority of the company's revenue comes from Canada.


OTCPK:DRWIQ - Post by User

Comment by SSRT861on Jan 28, 2017 1:35pm
176 Views
Post# 25767909

RE:RE:RE:RE:RE:RE:RE:RE:company response

RE:RE:RE:RE:RE:RE:RE:RE:company responseIt is likely that the reduction of the exercise price of the ST warrants was done at the request of either Sabby Mgmt of NJ that owns 378K shares, or CIBC that owns 119K shares. Every retaill shareholder should contact Claude Haw and find out why did the Bd of Directors placed retail investors at an unfair disadvantage. Let's hear from him whether other alternatives in raising funds were limited.His phone # is 613-301-0474. He has an obligation to provide shareholders the rationale for this despicable decision. 
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