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Savyv

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Savyv

Re: Smilin_B post# 1132

Friday, 06/29/2018 3:28:33 PM

Friday, June 29, 2018 3:28:33 PM

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I can't believe it actually traded that high yesterday after hours.
EDGE burning through cash.
The stock only has value based on its remaining cash position


How do you come up the idea that "EDGE burning through cash." ???

Did you know that they've reduce 2/3 of workforce and with on 13 employees left? How much cash they'll burn per quarter with 13 employees?
"Edge continues to conduct a review of strategic alternatives focused on maximizing stockholder value. Edge has largely completed the process of streamlining its operations, including reducing its headcount from 37 to 13 employees by June 30, 2018."
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