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now at .54 its going to be another no volume slow death. great job mark. thanx so much for your stockholder care
not even a new board for this pos lmao
are you kidding? havent you been paying attention to this board whatsoever? you can thank Mark for all his consideration to his shareholders. i really hope Karma gets him. and BADLY. he gives a sht about NOONE.
The reserve split will come to $1.25 at this price.
What on earth are these people doing
Noone of consequence left here to comment 9n this travesty
Funny. Now the pps is valued at 100% more than it's worth. Fair value imo is .004
Wow strong stock and amazing volume. Thank you porter
The share count is now going to go down with their 250 to 1 reverse split.They can't even get that right.Was supposed to happen on Monday.
the outstanding share count here keeps going up and up and up and up and up and up and up
heres yet ANOTHER failure from the ceo of this company...
As previously disclosed, on September 25, 2023, High Wire Networks, Inc. (the "Company") issued to a creditor (the “2023 Creditor”) a senior subordinated secured convertible promissory note in the aggregate principal amount of $700,000 (the “Note”). In addition, on January 13, 2025, the Company issued to a creditor (the “2025 Creditor,” and together with the 2023 Creditor, each a “Creditor” and collectively, the “Creditors”) a 20% Original Issue Discount Senior Secured Convertible Debenture, due April 16, 2025 (the “Debenture”), in the original principal balance of $1,200,000.
On May 22, 2025, the Company and each Creditor entered into a debt exchange agreement (the “Debt Exchange Agreements”) whereby they agreed to exchange a portion of the remaining outstanding balance under the Note and the Debenture, respectively, for shares of a newly created series of preferred stock designated as Series H Convertible Preferred Stock (the “Series H Stock”), which is convertible into common stock, par value $0.00001 per share, of the Company (“Common Stock”). The 2023 Creditor exchanged $650,000 of the outstanding balance under the Note for 65 shares of Series H Stock and the 2025 Creditor exchange $950,000 of the outstanding balance under the Debenture for 95 shares of Series H Stock. The remaining balance of each of the Note and the Debenture shall remain subject to the terms thereof. The Debt Exchange Agreement contains customary representations, warranties, and covenants of the Company.
Wow a WHOLE $300 TRADER TODAY! another 300 lost. Oh well
"The Board believes it would not be in the best interests of our company and our stockholders to incur the costs of holding a meeting or of soliciting proxies or consents from additional stockholders in connection with these actions. Based on the foregoing, the Board has determined not to call a meeting of stockholders to authorize these actions."
Yea! cause this company is probably losing so much money they cant afford to rent out a 20sq ft room for a meeting lmao
The share price is so low they cannot get listed after the reverse split. Oh well. Because Mark is in charge we all knew that would fail miserably.
WTF???? this company shows a new post RS SS on otcmarkets but FORGOT TO ACTUALLY RS THE STOCK> morons
Market Cap Market Cap
4,806,699
04/07/2025
Authorized Shares
1,000,000,000
03/28/2025
Outstanding Shares
1,004,604
03/31/2025
Restricted
135,393,800
03/28/2025
Unrestricted
116,002,579
03/28/2025
Just shows the incompetence of the company.
why does yesterdays 10k say this?...On March 24, 2025, the Company effected a 1-for-250 reverse stock split of its common stock (the “Reverse Split”). All common share values and per-share amounts in this form 10-K reflect the Reverse Split.
As of March 31, 2025, there were 1,004,604 shares of registrant’s common stock outstanding.
i dont see the stock split. its still at .03. makes no sense
you gotta love the dead cat bounces and bull traps this stock has to offer
i take it you dont know that theyre going to RS big this year? lmk
you all have to think how ODD it is that they NEVER mention which company EXACTLY theyre making deals with?
i love how in another Pr they mention that theyre concerned about not diluting shareholders yet theyve added to the SS OS from 50mil to 255mil shares in the last 2 years. what a bunch of liars IMO
The purpose of this letter and the enclosed Information Statement is to inform you that stockholder holding shares of Series B Preferred Stock (the “Series B Preferred”), representing in excess of a majority of the voting power of the capital stock (the “Consenting Stockholder”) of High Wire Networks, Inc. (“we”, “us”, or “our”) have executed a written consent dated January 17, 2025 (the “Written Consent”) in lieu of a special or annual meeting to effectuate the following (the “Action”):
1. To (i) authorize up to a 1-for-250 reverse stock split of our Common Stock (the “Reverse Stock Split”), (ii) in connection therewith, approve a Certificate of Change pursuant to Nevada Revised Statutes 78.209 (the “Certificate of Change”) to effectuate the Reverse Stock Split, and (iii) authorize any other action deemed necessary to effectuate the Reverse Stock Split, without further approval or authorization of our stockholders, at any time within 12 months of the approval of the Action.
yea and do you also know the big RS they plan on doing
lol the one or two people buying today have no idea the nasty RS theyre going to do soon. oh well
Thats bs and ridiculous. Did yu ever stop to wonder WHY they don't name the CUSTOMER? LMAO
High Wire Networks Secures Major Managed Cybersecurity Renewal and ARR Growth Through Overwatch Bundling Strategy
Press Release | 03/13/2025
BATAVIA, Ill., March 13, 2025 (GLOBE NEWSWIRE) -- High Wire Networks, Inc. (OTCQB: HWNI), a leading global provider of managed cybersecurity services, announced a significant customer renewal and expansion agreement through its Overwatch managed cybersecurity division. The contract represents a renewal and significant additional Annual Recurring Revenue (ARR), representing nearly $720,000 over two years. This underscores the growing value and scalability of High Wire’s enhanced bundling strategy and channel partner enablement. The total contract value is expected to grow significantly from this minimum commitment.
The customer, a technology services provider supporting public sector clients and critical infrastructure organizations across North America, reaffirmed its trust in High Wire by renewing and expanding its commitment to the Overwatch suite of services. This strategic win reflects a meaningful increase in ARR for High Wire, driven by partner’s ability to fractionalize a comprehensive log-ingestion and correlation pipeline across their client base.
“Our goal has always been to simplify and amplify cybersecurity outcomes for our partners and their customers,” said Mark Porter, President and CEO of High Wire Networks. “This renewal is a testament to the power of our platform—by enabling partners to scale security visibility, fractionalize services across their client base, and bundle capabilities more effectively, we’re driving measurable impact while unlocking new levels of profitability and growth for the partner and us.”
This new strategy aligns more squarely with customer buying behavior and focuses on a fully integrated solution rather than individual point solutions.
High Wire remains committed to creating an unfair advantage for its partners and their customers by equipping them with the tools, scalability, and support needed to outperform in a rapidly evolving cybersecurity landscape. Through ongoing investments in innovations that make cybersecurity more accessible, scalable, and profitable, High Wire empowers its channel ecosystem to deliver greater value. By enabling partners to extend next-generation security pipelines across multiple clients efficiently and precisely, the company is transforming the economics of managed cybersecurity and driving more substantial outcomes across the board.
its none of your business whether i hold or have sold. im here just to predict. and yea youre probably right about after the rs
Easy sub penny. That is why they have to do the reverse split. You think you are down now, just wait until the split. Immediately they are going to dilute by adding 70% more shares. They will definitely sell more shares to make liquidity, more than likely diluting the shareholders. The shorts love reverse splits because it drives the SP down. that is why everyone that can sell is selling. It is all downhill from here. I am surprised you didn't sell.
oh boy. i guess this is going to be sub penny any day now
Thank goodness I sold. Mark really doesn't care about the shareholders.
latest filing clearly states they will affect a 250 for 1 RS and further dilution. and states theres no guarantee that the stock will have any upward movement afterwards. duh
Wow, well after the reverse split they will be at $4.00. So I guess they will dilute down to pennies again.
dang i didnt even see that
And a S-1 filed at the same time.
Future dilution and reverse split.
Not a good combination.
ah yes the RS is confirmed to happen soon... vOnce our board of directors (the “Board”) decides to implement the Reverse Stock Split, it will become effective on the date of filing of a Certificate of Change with the office of the Secretary of State of the State of Nevada. Additionally, the Certificate of Change may not be filed until at least 20 calendar days after the mailing of this Information Statement.
The Certificate of Change will be effective when filed with the Nevada Secretary of State. We will not make such filing until on or after [____________], 2025, a date that is 20 calendar days after this Information Statement is first sent to our stockholders.
also,
(2) Represents 7,024,627 shares issuable upon the exercise of stock options, and 700,000 shares issuable upon the exercise of warrants.
(3) Represents 1,000 shares of Series B Preferred and 480 shares Series D Preferred.
(4) Represents 8.8% of the aggregate voting power attributable to Mr. Porter’s ownership of the shares of Common Stock and Series D Preferred and 51% of the aggregate voting power attributable to Mr. Porter’s ownership of 100% of the outstanding Series B Preferred. Pursuant to the Certificate of Designation, Preferences Rights and Other Rights of Series B Preferred Stock of the Company, shares of Series B Preferred shall be voted together with the outstanding shares of Common Stock such that the aggregate voting power of the Series B Preferred is equal to 51% of the total voting power of the Company. However, shares of Series B Preferred are not convertible into Common Stock.
(5) Represents 3,777,920 shares issuable upon the exercise of stock options.
(6) Represents 3,805,510 shares issuable upon the exercise of stock options.
(7) Represents 1,355,868 shares issuable upon the exercise of stock options.
also,
The primary purpose for effecting the Reverse Stock Split, should the Board choose to effect one, would be to, absent other factors, increase the per share price of our common stock, although we cannot provide any assurance that the post reverse stock split price would remain following the Reverse Stock Split. However, other factors, such as our financial results, market conditions and the market perception of our business may adversely affect the market price of our Common Stock. As a result, there can be no assurance that the Reverse Stock Split, if completed, will increase the market price of our Common Stock following the Reverse Stock Split or that the market price of our Common Stock will not decrease in the future. Additionally, we cannot assure you that the market price per share of our Common Stock after a Reverse Stock Split will increase in proportion to the reduction in the number of shares of our Common Stock outstanding before the Reverse Stock Split. Accordingly, the total market capitalization of our Common Stock after the Reverse Stock Split may be lower than the total market capitalization before the Reverse Stock Split.
now that moron seller(probably suz) is trying to sell their free shares at .018 570k. gl with that. theres less volume here than a glass of water
i bet they RS before march1! and of course keep the AS the SAME as all scam companies do IMO
now heres a 5 year chart on this showing Mark Ps extreme consideration to how he treats his common shareholders.
https://investorshub.advfn.com/uimage/uploads/2025/1/27/vfpsvhwni_5_year_capture.JPG
ah yes! ANOTHER 1 mil in dilution as showing on otcmarkets.com. thank you mark P so much for your consideration
that 545k seller i guess got tired of trying to sell. poor poor person cant get maximum for his or her shares at .03. free is free i suppose.
It could be anybody. Everybody is probably trying to get out before this is sub penny. Should be very shortly. Now that they have another 100 million shares they are adding. However, they will eventually do a 100 for 1 reverse split. Then they will add shares like they did on the last round.
now that convertible person is trying to sell 584k in the .02s. good for her
Oh no, please don't call your attorney. Look at this dump. The news is coming
Apparently you know about a PR coming. That's insider trading. If 1 comes out, I'll make sure SEC knows 1 way or another about your posts here.Don't worry
Okay, well I guess you're going to wait for the bad PR to drop at 4:15. Do what you can to get out now.
yea your reverse psychology is stupid suzanne. This company has been nothing but bad news for its own common stock. i wonder how many people
got burned here. but you dont care. cause you got your free shares
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