Pandora wrote: Way back in 2011, early 2012, a company called Edgewater Wireless had a product they called WiFi3 and they were selling their product in Brazil and then in Africa and had little interest in moving into the North American market. But then things went a little sour in Africa with things like an outbreak of Ebola in 2013. That created a reason to start looking at N.A. With the growth projections for wifi it seemed it would be difficult not to become a growth company if you had a good technology base. I had a much more enthused feeling about YFI success in those days. On that basis I bought a lot of shares.
Since their establishment this phrase has always been their mantra:
"Edgewater Wireless Systems Inc. (
TSXV: YFI) (
OTC: KPIFF) (“Edgewater” or the “Company”), the industry leader in Wi-Fi Spectrum Slicing technology for residential and enterprise markets,"
It used to be WiFi3 but recently was changed to 'Spectrum Slicing'.
I have never understood how you can be an "industry leader" for over ten years yet not have a product wide spread in the market. In 2015 the Company got lit up. They sold a power patent to an outfit called Apple and it was like being on Broadway. They did not get much money but they got this thing called recognition and for a couple of years they were on the cusp of something great and possibilities of a break out. That was not to be. If you take a look at their MD&A's that they issue 4 times a year they never fail to quote the growth and potential of the industry they are in --- along with them being an industry leader. Something doesn't jibe.
On the website you will see a graphic of all their milestones and accomplishments over the years. See the link below, but ignore the spelling of 'milestones'. If you like you can tell me, or all of us, just what the definition is of all those "accomplishments" that has driven this company forward to be at the stage it is today, from a shareholder success perspective.
https://edgewaterwireless.com/minestones-and-accomplishments/ What I notice more than anything in the 10 or 11 years I have been here is the lack of recognition of their technology by anyone and everyone in the industry. Even their "Uncle Joe" - CableLabs - who supposedly opened the door for them, makes no mention of them in all the documents they issue.
Basically nobody in the wireless industry makes mention of Edgewater Wireless other than Edgewater itself. The day that somebody else does then I am sure I will take notice.
As far as your message, it is just another compendium of words which make very little sense to me.
Have you ever considered getting into politics? They are masters at using all kinds of words to say nothing, not unlike yourself.
Why not take that graphic, and there are 11 'milestones' and explain what each milestone has achieved in progress for a shareholders holdings. You know 'explain how they are better off today than they were 4 years ago or 8 years ago'.
I have a little less than a third of what I held back in 2015 and am certainly not inspired to grow my holdings again as I was back in 2013 and 2014. I believe in one of your messages to TD you actually said you were a shareholder. That is a surprise because of how you perform on the board I thought you were just here to cause disruption and impress people with your ability to speak (rant?).
Rant comes from the Dutch ranten, "to talk nonsense." Rave is a close synonym — in fact, "to rant and rave" is a popular expression.
Enjoy what's left of your weekend! Tomorrow is another day in the exciting life of YFI. Any wholehearted projections? And never forget they remain an industry leader.