Edgewater Wireless Systems Inc V.YFI

good news

[digital130]

as expected.  not many companies out there that provide a possible nice reward for such a small risk.

hopefully the clowns will disappear now.

thanks for the well informed update.

[lscfa]

More info would be nice. If they are doing a physical lab test are they using an existing chip or have they got someone to make a few samples of  the redesigned chip?  

[RoyallyScrewed]

I would think that if they had succeeded in making test chips, they would have mentioned it. I would consider it a more important (current) achievement than the "foreward looking statement" filled report they just published.

[FIRSTGMAN]

It was 12-18 mths, 48 mths ago, then 6-12, then 12, now 18-24.  They did a sh!t load of lab testing 2-3 years ago that supposedly produced great results, that amounted to nothing. Also did the chip mfg that turned into a major cluster f..., a few venues that hit it out of the park, that went on to be more diappointment.  Now they go back to the well and toss down an empty pail to get

[lscfa]

Over the many years these bozos dragged their heels chip manufacturing made advances in reduced sizes and larger wafers (more chips per wafer) so they had to do an upgrade.     

[leodevoe]

The thing is yfi is from what I've read is doing something to update the chip manufacturing. They are still using a design from 20 years ago. If that's in fact the case.......yikes. Why aren't they building a new chip? Probably can't afford to do that.  How many companies are using chip designs from 20 years ago? Or 20 months ago. 

[lscfa]

excerpts:     Q1 2020 revenues of $0, represents a significant decrease over the same quarter a year earlier.  A post-packaging silicon chip yield issue and resulting supply line disruption impacted revenue for the quarter. We have implemented and are testing process improvements and anticipate resuming limited shipping in 8 to 10 weeks, prior to a full production solution

[lscfa]

p.s. I emailed Andrew at the time and asked what was meant by performance improvements. No damn reply.

[FIRSTGMAN]

OH!!! Surprise..........NOT