ParkerVision clarifies facts from Barron's article
ParkerVision, Inc. (Nasdaq: PRKR) this morning said it is correcting errors put forth about the developer and marketer of wireless radio frequency technologies in an article in Barron's magazine titled, “The Strange Case of ParkerVison.”
In a press release, ParkerVision stated that “Mike Farmwald and Barb Paldus, who, according to the article, created the website, PV notes, used words such as ‘false,’ ‘stupid,’ and ‘b.s.’ to call into question the validity of the company's technology.”
In response, the small cap said it is unaware of any request from either Farmwald or Paldus to discuss the d2p technology with company management or to request a visit to the company for a demonstration of the technology.
Shares of ParkerVision (PRKR) tumbled 18.62%, or $1.83, to $8 in pre-market trading. Shares of ParkerVision have been trading in the range of $8.98 to $16 for the past 52 weeks.
