Edgewater Wireless Systems Inc V.YFI

Alternate Symbol(s): KPIFF

Technology Communication Equipment

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.

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Edgewater Wireless Systems Inc > What Happened to Kroger

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Comment by SamDiegoon Apr 01, 2021 12:44pm

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Post# 32923441

RE:What Happened to Kroger

Your point may be transparency, but a bigger question is does YFI have direct control over answering some of your questions? Are they legally bound. You and I both know that answer, as it is found in the disclaimers. Would you prepare to provide your personal transparency in return for your claims and predictions? As I told Royal once before when he was kuy -yyying about it, maybe your representation of investors on the Venture exchange would be better served if you lobbyed to change the laws. Royal was not welcome to that suggestion. Why you would prefer to continually address the symptoms rather than these problems casts a rather diminuitive light as to the extent of your capabilities and motives. As for your last statement, save that rhetoric for politics.

leodevoe wrote:
It was 4 long years Yfi teased their F500 client. They worked that account and from all appearances finally landed a deal. They received a PO for $1.1M. They earned revenues of a little over $300K. Then, poof, nothing. What happened?

Well, no one knows. After the Kroger bump revenue fell off a cliff. They have never come out and said why they stopped shipping product. Some time later they said they were retooling. Building a new cheaper chip. Did they have to do this to continue sales to Kroger? Or was this a business decision. It would be interesting to know. No matter what the reason was the business was certainly put into a dive. They haven't had product in years.

So with all of the above said I guess the point is transparency. They have pumped out reams of big news and then never followed up on why it just faded away. This case was particularly egregious given the weight a deal like this should bring to a fledgling company. Providing some sort of insight would actually help the cause not hurt it. To me it’s the typical venture fatal flaw. Endlessly pump out “big” news and never provide any insight into the actual operation.

So, what's the deal with the T1? Will anyone ever know? Will it fade away like all the previous new? Kroger, Mediacom, Rare, and, and, and.

Maybe the bigger question is why people keep taking everything Yfi pumps out as gospel.