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Re: Gaufiero post# 24314

Thursday, 11/03/2016 9:25:56 AM

Thursday, November 03, 2016 9:25:56 AM

Post# of 41311
Per Shire_Folk the other week:

Post# 24287
Your correct graydave - I called Norman Friday about the R/S and we spoke about it this morning (Planned on posting my conversation to iHUB so here it goes). He was backed up against the wall and it was either a possible company shut down or the 1,000:1 R/S. We are better off with the R/S as it stands - Norman wants to continue and get the PPS back up (Willing to do whatever it takes). Norman and a few others still own all their shares and they are restricted, so he has no other choice but to work and get the share price up. His intention, according to him, was to not go through with the R/S.

On another note, he is currently working with a new group, and did clarify its difficult working with unethical penny groups, but the one he is working with is in his words the MOST honest (take that with a grain of salt).

Kind of like before, if all goes to plan this new group will set the price - offer Reg A - and peeps (what states the offering takes place) can buy at a discount directly from the company. The guys he is working right now plan on driving the price up, sell high and then possibly short the stock. I assume there will be a big pump in the works and maybe a dump (just my opinion)??? He wants the share price to rise, and is hoping this new group will allow this to happen. Another reason for the R/S is his group wants him to be dtc qualified (electronic trading of Reg A shares) http://www.investopedia.com/terms/c/chill.asp - Don't know too much about this but its important - see link!

They are also in negotiations on a deal with AT&T for these new Wifi boxes (google it, I have not) - SWHI would provide the wifi signal (this is also a pre-paid subscription). So this is a new product they are working on, which may be good...

Anyways, he still wants to move the company forward and try and get the share price up. He admitted to the loss of many deals (those that took his money) and he does feel bad for the R/S. However, that was his only option as the company would of probably gone under. Lets hope this new deal goes thru, he knows that failure is not an option anymore.

Good luck to all here.......been a long bad ride, but maybe we get lucky and Norm strikes a deal. Only time will tell!!! STAY POSITIVE.......