Edgewater Wireless Systems Inc V.YFI

Rare Tech and YFI, 8 years later.

[RoyallyScrewed]

(updated from a previous post)
I suggest investors read all of the following including the news releases linked. The second release coincides with the sudden rise of YFI from .03 to .60 

Also, do your own DD and be thorough. This company has a long history to look at.

Rare Tech Projects Pvt. Ltd.

Address: 309, Golf Apartments, Maharshi Raman Marg, opp. Khan Market, Sujan Singh Park, New Delhi, Delhi 110003, India

Employees: 1 

Website:  Rare Tech

*** See how many times you see this error below when clicking on menu pages of their website.

404
Not Found
The resource requested could not be found on this server

 

NEWS, 06 / 2015:
Edgewater Wireless WiFi3(TM) Connects with India's Rare Tech (yahoo.com)

"OTTAWA, ON / ACCESSWIRE / June 24, 2015 / Edgewater Wireless Systems Inc (YFI; TSX.V), the manufacturer of multi-channel WiFi3(TM) technology for high-density WiFi applications, is pleased to announce today that Rare Tech Projects PVT Ltd. will be establishing a high-density Demonstration Centre in India to showcase Edgewater Wireless EAP access point products.

 

The multi-million dollar Demonstration Centre will allow prospective commercial customers and regional partners to trial and demonstrate WiFi3(TM) technology in real-time. The terms of the deal include the sale of access points and support services to Rare Tech Projects Pvt. Ltd. The Edgewater Wireless engineering team will work closely with Rare Tech over the coming months to support the construction of the Demonstration Centre.

 

"After extensive testing and evaluating Edgewater Wireless WiFi3 technology we believe it's the right technology to address the high demand for WiFi from our customers," said Sandeep Chadha, Managing Director of Rare Tech Projects Pvt. Ltd. "WiFi3(TM) technology delivers a new standard for connecting more devices and delivering better performance and service for users. We have an immense, multi-million dollar market here in India, and WiFi3(TM) is the right solution to address the growing issues of connectivity and congestion."

9 months later the following news caused an unprecedented volume and share price spike from .03 to .60
... a 20X increase!!! 

NEWS, 03 / 2016:
2016-Edgewater Wireless' WiFi3 Technology Receives Certification in India

"March 11, 2016 / TheNewswire / Ottawa, Canada - Edgewater Wireless Systems Inc. (YFI; TSX.V), the manufacturer of multi-channel WiFi3(TM) technology for high-density WiFi applications, is pleased to announce the certification of its multi-channel WiFi3(TM) technology in India. The company, in partnership with Edgewater's New Delhi based partner Rare Tech, received the certification which opens the door for Rare Tech to capitalize on the expansive market opportunity for high-density WiFi throughout India."

This was 8 years ago. If you are invested in this stock and have been holding based on news reports like this, what are you thinking now? What were you thinking then?

NEWS, 06 / 2015:

[Rimrider]

All these events point to a well orchestrated plan , super glad I sold in the .50s , if I was a long term shareholder I would be choked big time.Mr Royally Screwed was it rare tech that validated the 750000 device test? if so shareholders should demand to see the actual proof of this Lab test.

[SamDiego]

If I was Liberty Global and who they commissioned for their testing I would consider offering  Rimrider a job riding the rims of their public urinals and toilets with his tongue for the next 5 years.

[leodevoe]

LOL. Weasley has a new target for his rage. It must be exhausting having to monitor  the board all day so you can rage tweet every response that hurts your feels. 

[SamDiego]

Leo, being wrong is becoming a habit for you.  It is not rage. However, it is intolerance for something which you have mastered which is mediocrity.  

[leodevoe]

LOL. I said this was a dud in 2015. You said it was a winner. Pretty easy to see who was right. I’m sorry you're a loser, but that's life. 

[SamDiego]

First of all leo, I wasn`t posting in 2015, Secondly, there is no record of of you posting either. However, it doesn`t really matter whether you called heads or tails because the coin is still in the air and is yet to land. On the other hand in 2017 I told you that you did not have what it takes to be a successful stand up comic, and since that time I was proven correct every year since.

[leodevoe]

Oh, OK, so you've only been dead wrong since 2016. And I've been dead right since 2015. Good to clarify these types of details. As for the coin it's no longer in the air. It landed and rolled under the couch so long ago it's no longer legal tender. Thanks for coming out Weasley. You're always good for a laugh.