Edgewater Wireless Systems Inc V.YFI

Props for the Effort

[leodevoe]

Since reconfirming their interest in adding another $120K in funding about $75K in trades have taken place on the .V. No idea what the volume on the alts has been, but you can probably add 20-50% more to the dollar volume. Firstly, there is little interest apparently in buying shares here. Which is plainly obvious. Also of note is that most of the trading is anon and the sole focus seems to be to hold the price up so it doesn't crater to $.02. I have no doubt a very small (like you can count'em on one hand) of traders are doing the propping. I’m assuming it's mostly or all cross trades. Ultimately what fascinates me is they have had to spend almost as much on the trades as the company is looking to raise. Someone(s)  buried deep and seems to be willing to do anything to keep this from going down. 

What of course doesn't make sense in the above is why anyone would try to keep the price up so Yfi can sell shares instead of just giving them the PP money. After all if you still think this has legs it's a pittance. In any event it sure is taking a long time to find that last bit of cash.

[TEE1]

Why not just make a deal and be fully funded ? What is going on with this mgmt team 

[TDMAN29]

If there were deals to be made it would have happened years ago in my opinion. Deals not demos from Cableleabs Fiterator didn't materialize. Didn't help anyones credibility for the first annual event. They are exactly where they are as a direct result of their releases and actions. World leader?  The last year showed how to pay debt with debt. Once Kroger didn't release the

[Proceeds]

Oh come on , there's always WIFI 8,9,10 and 11 to be the world leader . In the mean time Shammy and Richy can work on being the best Hot dog vendors as that makes more revenue than the world leader, speaking of revenue how much did this company earn last year? Ohh I forgot it's a 20 year old Start Up  yet a World Leader!

[Pandora]

One trade for the day on the Venture. 91,000 shares sold by TD and bought by Anonymous. A trade of the same players at the same time on the CX2 Exchange for 9000 shares. So some Anonymous player picking up 100,000 shares at 4 cents and someone in TD getting rid of them. TD looks to be the biggest seller in a four day week on the Venture -- no trades on Monday.

[TEE1]

Yes wonder why they could not fufill orders ... maybe could not fill the orders because did not get enough money to build a chip for production 

[TDMAN29]

If they have orders money is not a problem. A traditional bank would lend at that point. Problem is they have tweets and releases with zero commitment. 

[Proceeds]

Shammy and Richy have orders , 2 foot longs with extra Mayo , hold the chips cause there stale and the bag is less than half full...

[TDMAN29]

They are lucky to have the hotdog cart during these difficult times.. High Density Hotdogs.  Serving the tech industry and discerning professionals.