Common.Sense and Facts Edgewater wireless is a publicly traded company on the Venture exchange which allows ANYONE to purchase shares during trading hours. It allows retail investors to purchase as many shares as they want or choose to. This is also the case for institutional investors and other corporations. They can purchase as many shares as the market sells at any given time. The onevariable would be the price paid per share. Literally, anyone could build a position in this company over the last decade. Who built a significant position in this mult billion dollar ever growing market?
If anoffer were to come in to buy the company it would have to go to the bod and their fiduciary duty would be to do what's best for the shareholders of the company. If somebody offered $.50 per share for the company it would be gone in the blink of an eye. This is a business plain and simple and money allows wins in the end. It could be a hostile takeover or just a purchase of outstanding shares. If somebody wanted this company or control of it's patents it would have happened years ago in my opinion.
All this take of Liberty and all the interest from companies but not a single po or partnership. This company is left broke and defenceless but it holds the future for WIFI? Does that even sound slightly believable? If somebody wanted this company it would be gone. Basic greed would find a price acceptable and the sale would be done. That simple
When the insiders are not seeing this company as undervalued and purchasing positions it is a cause for further scrutiny. Good deals don't last and great deals create bidding wars. These idiots will try and explain how different this market is but fundentals don't change.
Meager salaries, why are they meager? What should they be for a company with no revenue or saleable products?
If a company in a multibillion dollar industry wanted this company or tech it would be gone. Look at Plume and how the industry didn't have a two year business cycle and spent millions placing the tech with their customers. What has Plume accomplished in the last five years with their disruptive tech? Stop believing everything that's released and start thinking for yourselves. If it looks like a duck, quacks like a duck and waddles like a duck, it's probably a horse.