RE:RE:RE:Look at the size of this thing. As you well know RS the baggies are a very sensitive breed. They'll eat up anything a company says but if you question it they immediately have a tantrum. Then question why you're there, claim you lost money, change the subject, then disappear.
You know why they didn't offer up the POC details. They wanted people to think it was a live test. Which is bizarre. To do that at $100-$200 a unit would be a massive investment. What fool would think it was live? Well, we now know. Once again the baggies represent.
Another aspect of the POC I find humourous is the size. 750k households. No one needs that kind of sample to run a test. But if you publicize something with that many houses, wow that was a big test! The baggies eat it up.
Yes it's been 3 weeks since the PR. Skafel talked about it mid January. So it was likely done late last year. So it's been 3 months. Only a fool would not think they have been fund raising on the back of the test since then. Only a fool would think their goal was really $800k. It wasn't a surprise they led with mgmt/directors were leading the PP and it wasn't a surprise they are participating in both rounds. As usual the messaging has been, from my seat, just a little too clever and a little too obvious. And as usual the hill they need to climb is following up the messaging with a tangible business result. To date they have been poor climbers.
RoyallyScrewed wrote: As Leo and I are deminstrating, the idea here is to bring forth usable information that may be critical to the performance of this stock. It's easy to regurgitate a company's talking points to pump it's stock while prostrating to a Stock Symbol God, but it takes a lot more ingenuity to dig deeper and find out what could derail an unholy impostor. Some of the people complaining and criticizing us Leo, seem more interested in protecting their delicate delusion of being "superinvestors". As you proved, the "huge" POC test was previously admitted by Andrew to being a simulation. We should have had that stated up front in the NR avoiding tricking people into believing Edgewater WiFi units were actually installed in 750,000 homes. Many "superinvestor" posters here fell for it.
So why did they not include that fact in their NR? We know why. They didn't break any law because the truth was in the tiniest of clues...
"The Proof of Concept was carried out on 750,000 homes with over 6-million devices." Results were outstanding and demonstrated" --- They said "on", not "in"
So going forward, if this was truly disruptive news, it seems like the Tier 1 company would be eager to start negotiations with Edgewater for an exclusive deal. Monday will be 3 weeks from the NR and quite likely there were another few of weeks before that since they completed the test.
So what's keeping them...is it the size of the beast? Elon could make his Model 3 go 6000 miles without a recharge. All it would require is pulling a trailer full of 18x the batteries.
As for the SP, the market will do whatever it usually does with penny stocks.
leodevoe wrote: It's not just the antenna RS. For each 3 channels they need another radio. So they need lots of space for all the radios and antennas.
Which lead me to another point. They did their magical POC with a two radio setup. The other side was using one radio. So right out of the box they had twice the horsepower. They couldn't even make it a one to one test. Just another thing that makes you go hmmmmm.