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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 Brian78on Jun 26, 2019 3:59pm
56 Views
Post# 29866717

RE:RE:RE:RE:RE:RE:Undersubscribed

RE:RE:RE:RE:RE:RE:Undersubscribed
TDMAN29 wrote:
GingerBB wrote: 1.1m first Tranche, 

Remainder to be filled second tranch, 

They even told you when to expect the rest. 


Get your facts straight. There was no mention of a second tranche when I spoke to Edgewater on multiple occasions regarding the placement. Do you have any idea why they announced a second tranche?  It’s becasue they couldn’t fill the original ask in a reasonable time frame.  Placements are typically filled in weeks not months.  You honestly can’t be this naive not to see past this?  Brian78,  did they mention a second tranche when you spoke to Andrew or Bob?  Ginger,  google why companies seeking money have a second tranche. Is it a good and positive move?



no mention of only closing part of it until the news this am. I was told they were having difficulty getting the funds transferred from one firm. I can totally understand and share your frustration tdman. I see the potential and have a chunk invested, hopefully there is a return.
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