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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

Post by leodevoeon Jan 18, 2024 3:54pm
132 Views
Post# 35834536

Props for the Effort

Props for the Effort

Since reconfirming their interest in adding another $120K in funding about $75K in trades have taken place on the .V. No idea what the volume on the alts has been, but you can probably add 20-50% more to the dollar volume. Firstly, there is little interest apparently in buying shares here. Which is plainly obvious. Also of note is that most of the trading is anon and the sole focus seems to be to hold the price up so it doesn't crater to $.02. I have no doubt a very small (like you can count'em on one hand) of traders are doing the propping. I’m assuming it's mostly or all cross trades. Ultimately what fascinates me is they have had to spend almost as much on the trades as the company is looking to raise. Someone(s)  buried deep and seems to be willing to do anything to keep this from going down. 

What of course doesn't make sense in the above is why anyone would try to keep the price up so Yfi can sell shares instead of just giving them the PP money. After all if you still think this has legs it's a pittance. In any event it sure is taking a long time to find that last bit of cash. 

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