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Edgewater Wireless Systems Inc V.YFI

Alternate Symbol(s):  KPIFF

Technology Communication Equipment
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

Edgewater Wireless Systems Inc > Financing closed!
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Comment by SamDiegoon Feb 28, 2024 12:44pm
56 Views
Post# 35904201

RE:RE:Financing closed!

RE:RE:Financing closed!
leodevoe wrote: LOL. Two additional months and they got $25K. Which they paid $2K to get. Epic.  The last two quarterlies showed they spent next to no cash. Seems even Andy wasn't getting paid. So with this huge new influx I wonder if they are going to have old bills to pay. Also, are they going to actually spend on the biz, or just twiddle their thumbs as they've been doing. Realistically they need millions to just get a product to market. So I’m thinking there won't be much activity until the next attempt to raise money. At which point they will probably be looking for as much as $250K to keep the doors open. 

Have faith leo.  You have been outsmarted countless times before so why would anyone expect that you won`t be outsmarted again? We all remember back to the one day where you were gloating that you were 3 laps ahead of YFI in the race predicting their technological performance claims,  only to wake up on the day of the POC announcement to discover you were now lagging 4 laps behind. 

How is your updated research concerning what you refer to as a 'nothingburger" panning out?  How many laps in the race do you think you are in that one?

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