Edgewater Wireless Systems Inc V.YFI

Blah Blah Blah

[leodevoe]

Probably better to say nothing rather than inject this new missive into the discussion. All it did was conform they have nothing of substance to report. No new programs. No update on old programs. No chip. No share purchases. Just a repeat of the blather they publish biannually, or so. And the elephant in the room that was already mentioned is they need money. If not now, then very soon. It will be fascinating to see what level of support they can get from the baggie community. There has to be a point when even they give up. So will they get some interest? I wouldn't bet against it. But at .05 a share they aren't going to raise anything more than money to pay bills for a few months. Maybe $500K. Maybe even $1M if they can move 20M shares. As for funding a program that would get a chip done, produce it and be in a position to cut a sales deal, well, they need $5M+. Even then any potential customer is going to be wary they end up being the only player in a game with bad odds. Now given they have no real news I guess it's time to go back to sleep and await the PP announcement. Good luck bagsters.

[RoyallyScrewed]

While I agree with your summary overall, I think that Andrew must have hired a (better) writer this time. While the essay/summary has nothing new to offer, I think they said it with more finesse this time... I.E., there wasn't as much wondering what they meant or where they stand. Inferences between the lines are weak.  For instance there should have been more tier 1's on board by now

[TEE1]

I am in total agreement it's all blah blah blah