Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Post by leodevoeon Sep 30, 2023 1:44pm
93 Views
Post# 35663344

Let’s talk progress

Let’s talk progress

So Yfi burned $29K in cash in the quarter. Let's not confuse the discussion with the major major revenue they drove. Andy makes about $17K a month. They have office and other expenses. So the question is who or what didn't get paid this Q. This being the case anyone that thinks there is progress in a real sense on son of ED209 is nuts.  

I also have to point to Item 20 in the financial Nature of Expenses. The expenses add up to $151K but the only burned $29K. This isn't good. There was no note on subsequent events that would show any cash infusion. Uh oh. 

<< Previous
Bullboard Posts
Next >>