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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 TDMAN29on Oct 10, 2024 8:33pm
88 Views
Post# 36261991

Andrew did a great job in reducing them?

Andrew did a great job in reducing them?$2M in liabilities with less than $200k in assets and just under $13k in cash with zero revenue. This is not reducing anything but shareholder value limiting its days as a company. This is not success by any measure. It's literally insolvent at this point. I'm baffled at how the obvious is ignored and a somebody thinks Andrew did a great job building this company. I don't buy the argument that this is ahead of its time as someone in the industry would see that and realize its value and acquire it for literally nothing. That hasn't happened and Cablelabs members are not idiots.  Certain Posters and some industry Cheeto's are truly idiots as they have been sold this bag of claims. The money could have came from the angel investors that were on the board years ago. Didn't happen. Nick was the last white knight before Skippen. A year has passed and share price is where and what has Nick done?  All these "new players" and posters beliefs highlight just how little faith they have in Andrew. Skippen will find the money?  Pay Skippen the $190k and send Andrew to pasture as his time was over many years ago in my opinion. No results equals no more paycheck. What happens to the salesman that can't sell?  That's reality and this isn't horseshoes. Close enough doesn't make any difference. Make money or starve lol. Surviving off the handouts of others really isn't living.  Is it?
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