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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

Comment by hushbabyon Jan 18, 2018 6:07pm
126 Views
Post# 27389161

RE:RE:RE:Another Big Dump of Shares

RE:RE:RE:Another Big Dump of Shares Yes, that's true. There has been no insider selling for five trading days as of Thursday last week (Jan. 11/18) to be exact. I've checked daily using this website which lets me check if there was any insider trading the day before: https://app.tmxmoney.com/research/insidertradesummaries?locale=EN
macaw wrote: There has been no insider selling since the Kroger news release, unless it happened today, abashed or unabashed!

Pandora wrote:
WAITING4NEWZ wrote:
Can't wait till next week to see who it was. Like we don't already know. F5 announced and swinging into the $.50's. Great job team on creating shareholder value.


Everyone knows that selling by an insider is definitely a negative from a market point of view so if Mr. Anderson wishes to continue on this track much to the detriment of his spin off company why does he not just come out witha published statement saying what he is doing and why. It seems to me if he stated what his overall plan is and why it is necessary then it might take some of the negative off of yfi. i.e. why does he need the funds?  how many shares does he expect to sell. What are his current holdings. At what point does he expect to curtail his sales?

This is like a big black cloud hanging over YFI and it goes on daily without any regard for the shareholders at large. I would think the position on the executive should have some kind of moral fibre when it comes to a matter of responsible behaviour regarding the best interest of shareholders. The bare minimum would be an explanation. The Company comes out with the biggest news regarding their future that they have had in 5 years and their largest shareholder who happens to be on the executive team continues to sell unabashed.





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