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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 Nov 11, 2024 1:34am
71 Views
Post# 36306103

Quick point

Quick pointSuch a thinly traded stock can also act inversely and rise with little or no news. Maybe when one of the thousands of people that as claim have seen the company and want to purchase shares. Supply and demand dictate price. To say Andrew is t concerned with share price at current level would be false. Its sitting at an all time low with a poc in the works and possible government funding coming. Its logical that someone would (even the ceo)capitalize and buy shares at this single digits. The optics of 52 week Lows are also terrible for raising capital as it's so close to nothing it lends little option but massive dilution or share consolidation to raise share price to raise capital. People still equate worth with price. So recap,  global leader with global headquarter operating out of a rented room in a business park. Less than $15k in the bank and $2M in liabilities with a share price of $.03 with a float of almost 200M share and growing?  You don't need to understand business to realize something isn't quite right with this situation. Smart industry with a lot of intelligent people and nobody has bought them or the tech?  Guys like Ramjam and Samjam are the smart money now lol?  Don't think so. 
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