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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 RoyallyScrewedon Mar 31, 2021 5:04pm
95 Views
Post# 32916729

RE:RE:PP Status

RE:RE:PP StatusDid Edgewater feel the need to hide the fact that they needed help to get investors for theitr PP?  Are disingenuous and misleading games necessary to get attention? This PP was non-brokered, my ash. Something about paying cash for services may be a loophole they are hoping to get approval for, and of course using loopholes while advertising the opposite is such an ethical thing to do. Do you trust a person who tells you one thing to sound impressive, and then does the opposite? Considering what has been uncovered so far, I think other things are going on here and the betting money isn't for the project, but rather it's all about establishing perceptions and how to take advantage of people who believe them. 

RoyallyScrewed wrote: The first offering was supposed to be non-brokered.

..."is pleased to announce that the first tranche of its non-brokered private placement announced on March 12, 2021 (the “ Offering ”) has closed. "

And yet...

"
In connection with the closing of the first tranche of the Offering, the Company will pay cash finders’ fees in the aggregate of $33,563 as follows: $23,905 to Haywood Securities Inc. / $2,012 to Leede Jones Gable Inc. / $644 to Canaccord Genuity Corp. / $7,002 to Granger Cumberford. In addition, the Company will issue 291,854 Finders’ Warrants as follows: 207,869 to Haywood Securities Inc. / 17,500 to Leede Jones Gable Inc. / 5,600 to Canaccord Genuity Corp. / 60,885 to Granger Cumberford."


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