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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 leodevoeon Oct 04, 2023 5:11pm
52 Views
Post# 35669866

RE:RE:Valuation

RE:RE:Valuation

LOL. I'll keep this simple since you won't understand anything with too many numbers. 

There are two things to consider. The P&L and the balance sheet. Let's start with the former. The company has as close to zero in revenue as you can get. This has been the case for years. They are no reasonable expectations they will have any real revenue in the next few years. This is no a good situation when you have 20 year old tech and have been public for 12 years. 

Onto the balance sheet. They have assets of $270K. They have liabilities of $2.4M. Shareholders equity is a negative $2.2M. They have a pittance in cash to pay bills. Clearly by any industry standard the company is worth next to nothing. You don't even have to put numbers into a spreadsheet to see it.  The only reason this trades above a half penny is because .V baggies buy stuff and then pray something good happens  

 

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