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Bullboard - Stock Discussion Forum 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... see more

TSXV:YFI - Post Discussion

Edgewater Wireless Systems Inc > The purpose of a public company.
View:
Post by TDMAN29 on Sep 03, 2023 11:00pm

The purpose of a public company.

It doesn't get much simpler then this. If management can't realize and achieve the basic function of a public company they have no place being in business in any capacity. 



Answer and Explanation: Publicly traded companies on major stock exchanges are for-profit organizations. Their goal is to make money for their shareholders. When investors buy shares, they part with their cash and expect to be compensated for the passage of time, as well as for bearing the company's risks.

Comment by SamDiego on Sep 04, 2023 9:33am
It doesn`t get much simpler than this.  By your own admission when you invested in YFI you expected to be compensated for the passage of time which did not occur. Since, you also stated that you were willing to bear this risk, we are only left with your implied message that from the time you made your investment YFI was knowingly negligent in this duty because they had no intent to create ...more  
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