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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

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Post by bigcomeback on Feb 27, 2024 11:00am

Buying

Thanks to all those who sold me shares at 4 cents over the last few weeks since the pp closed. Managed to pick up 1.5 million. Got another 2 million at 5 with a full warrant in the pp. Good luck everyone.
Comment by TDMAN29 on Feb 27, 2024 11:17am
Hahaha!  Placements not closed and you're not a investor in anything.  Account open in 2015 with fcuk all for posts. Paid intervention to salvage price. Pathetic and obvious. 
Comment by bigcomeback on Feb 27, 2024 11:30am
They closed $391,500 and stopped there. Check stockwatch for new release December 20/23
Comment by TDMAN29 on Feb 27, 2024 11:57am
First tranche lol. Open to secure the last $100K. Still open. 
Comment by bigcomeback on Feb 27, 2024 11:58am
They closed it and I was not granted any shares. Check my bid for another 500k at 3.5 cents. I will remove it and re enter it so you know I'm bidding. Let me know when you are ready 
Comment by bigcomeback on Feb 27, 2024 12:00pm
They raised 391,500 as I said and Andrew took 50,00. You implied they had not raised any capital. 
Comment by TDMAN29 on Feb 27, 2024 12:29pm
I didn't imply. I stated the placement is still open and it is.  The $391k was called called yhe first tranche. Placement is open for the $108k  balance. As for the 1M shares Andrew received did he use his own capital and purchase them?  He was granted shares.  Fill your boots with shares. The market  is not interested 
Comment by bigcomeback on Feb 27, 2024 12:42pm
He provided his own capital of $50,000. And just because a first tranche is announced, doesn't mean they have to keep it open. They can decide to close it. Otherwise I would have taken more instead of buying in the open market. With the placement you get a full warrant at 10 cents. Better than shares at 4 on their own imo. 
Comment by TDMAN29 on Feb 27, 2024 1:19pm
In connection with the Offering, the Company issued 1,000,000 Units to Andrew Skafel, the CEO and a director of the Company.  As a result, the Offering constitutes a “Related Party” transaction pursuant to TSXV Policy 5.9 and Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”).  The Company is relying on section ...more  
Comment by TDMAN29 on Feb 27, 2024 1:21pm
Ok,  they announced first tranche closed. Second tranche is open. Very familiar with how placements work and second placement is still open. Information is literally at anyone's fingertips if they choose to look or read. 
Comment by bigcomeback on Feb 27, 2024 12:18pm
There's a big bid at 4.5......
Comment by Pandora on Feb 27, 2024 12:26pm
I see the bid was recently pushed to 496K at 4.5 cents. Ask remains at 254K but it has gone to 5 cents.
Comment by bigcomeback on Feb 27, 2024 2:45pm
I am stilling bidding for 500,000 at 3.5 but not expecting to get filled given the new bid that came in..
Comment by bigcomeback on Feb 27, 2024 11:47am
Bidding for another 500k shares at 3.5 through TD. Check your screen
Comment by bigcomeback on Feb 27, 2024 11:53am
https://www.stockwatch.com/News/Item/Z-C!YFI-3495652/C/YFI here is the link to the news release for last private placement. I took C$100,000
Comment by bigcomeback on Feb 27, 2024 11:55am
You will also note in the news release that Andrew Skafel, CEO of Edgewater, invested $50,000
Comment by TDMAN29 on Feb 27, 2024 11:56am
Granted 1M shares. Not bought.  
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