High Wire Networks Inc (HWNI)

[Stockfun1]

I don’t have ability to PM anyone on IHUB. I choose not to pay for that service.

[infamous]

when are you going to PM me?:

[infamous]

will you be PMing me here soon? lmk thanx

[infamous]

would you mind PMing me on ihub the info? id rather not put my email address here. i will keep it confidential until further notice. thank you

[Stockfun1]

Hey Infamous, do you have an email address. I’d like to share something with you. Of course , It’s not insider info but it is from Mr Porter.

[infamous]

not that i know of. crazy. well have our day. just need to get those 95000 on the ask taken out.

[edro]

Is there a better stock as far as revenues on the OTC?

[infamous]

I suppose he still didn't reply? Not to me so far

[edro]

Right now would be a good time to jumoff a roof,because gravity doesn't exist either.Ok,how bout this:The fact that we are not up is proof that the otc is in a bear market.I can see why ur not famous.

[infamous]

You make no sense. We are not down. Bid hasnt changed. What? if a small order goes off on the bid now because it closed yesterday on the ask, then you think the stock is down? you didnt read BUYING AND SELLING STOCKS FOR DUMMIES all the way through. Lmao

[edro]

The fact that we are down today is proof that the otc is in a bear market.

[infamous]

if todays news doesnt get us to multi dollars PPS i dont know what news will////
High Wire Networks Launches Pilot Project as Part of a $2.4 Billion, 10-Year Network Modernization Initiative
Program Secured with Channel Partner and National Wireless Network Operator for a Large U.S. Government Agency’s 4,000 Locations

BATAVIA, Ill., January 30, 2024 -- High Wire Networks, Inc. (OTCQB: HWNI), a leading global provider of managed cybersecurity and technology enablement, has secured through one of its premier channel partners a major pilot project with a national wireless network operator for a large U.S. government agency.
The project represents the initial phase of the operator’s $2.4 billion network modernization program for the agency’s 4,000 locations across the U.S. which is planned to be implemented over the next 10 years.
The project has begun this week with High Wire conducting a network survey at its initially assigned secure locations. This will be followed by network upgrades at these locations, including the installation of new optical fiber and wireless infrastructure. It will also involve extensive reporting and detailed logistics management for each site.
“This win has the potential to become one of the largest multi-site technology deployments for our company and we believe the largest government VoIP rollout ever for the industry,” stated High Wire CEO, Mark Porter. “We believe our selection for this project reflects the strength of our channel partner network and their confidence in our ability of efficiently and cost-effectively delivering on multi-site technology deployment at scale.”
The pilot project, which was signed under an indefinite quantity, indefinite delivery contract, is expected to be completed by 2026, with a material portion of the project planned to be implemented this year. High Wire expects to be engaged by the partner for the remaining stages of the modernization initiative that will be conducted at the remaining sites over the following several years.
“The launch of this project is also a further indicator that the market for our tech enablement business is rebounding from last fall,” added Porter. “Our project delivery backlog is currently at $6.4 million and is expanding even as we have begun to recognize revenue at the fastest pace in some time. We expect backlog to keep growing with our strong near-term sales funnel and newer strategic relationships starting to produce.”
The pilot project win represents the fifth large scale network expansion and upgrade project the company has announced over the past year. This includes a $1 million IT project as the first phase of Wi-Fi upgrade program for a Fortune 200 department store chain High Wire announced last August. That win followed a $5.3 million Wi-Fi upgrade project announced in April 2023 for another nationwide retailer. The Wi-Fi upgrade project originated from one of the world’s largest technology resellers and integrators that has secured to-date more than $35 million in projects for High Wire.

[infamous]

Thank you. I wasnt thinking about going there cause they blocked me on fb for posting questions about why they dont care about their shareholders losing thousands of dollars in common stock. They never even replied before they blocked. Im curious to know what porter said to you on phone. Pm me if you cant post it here?

[Stockfun1]

Infamous, chill out. I don’t live on social media. Wasn’t ignoring you. Check in every blue moon. On here more just recently because of our conversation. I got the email off their website. [e-mail]

[infamous]

why are you ignoring my question about what is the ceos email?

[infamous]

email please? also, what was your phone conversation about? thanx

[Stockfun1]

Unfortunately he has not responded. This is very unusual for him. I’ve had many email conversations with him. He always responded back same day. He even arranged a phone conversation with me one day and called me right on time . We spoke for about 45 min and he was extremely nice, down to earth and answered questions as best he could. I’m really surprised he’s not responded back to me this time.

[infamous]

have you heard from porter yet? ill tell yu. RON BOTH is supposed to be IR but he NEVER gets back to you. Susanna song got back to me about a couple things but doesnt answer my most important questions. I hope you have better luck with porter. can you give his email here please or in Private message even though i cant pm you back? thanx

[infamous]

thanx a lot

[Stockfun1]

I’ve got an email in to him right now regarding what I mentioned in my post. Emailed last night. He normally responds very quickly. I’ll let you know if and how he responds.

[infamous]

can you talk to him directly next time and get an answer as to what he thinks about what you just said? thanx
HWNI

[Stockfun1]

Definitely been waiting. I’ve email Mark Porter , and even had good conversations with him on the status of the company in the past. Always good outlook and great plans. I don’t see any poor execution. The stock just doesn’t seem to have enough eyes on it to be appreciated. Many other companies in much worse situations trading at ridiculously overvalued pps and with much better volume. Not sure what the solution is here.

[infamous]

i agree. sometimes you have to wait a while then BOOM within a couple weeks its where it should be. HWNI

[Stockfun1]

Does anyone have any special theory as to what is holding back this stock? I can’t figure out what’s holding it down. Based on what I can tell the pps should be .50- $1. What am I missing?

[infamous]

Did you go to the bathroom and fall in? Lol

[infamous]

GRACE PERIOD AND DELINQUENT NOTICE LIFTED!!@ NOW WE CAN GO TO 2.00!

[infamous]

Im actually concerned that otc doesn't see the filings on time and still send this to expert market. Or do they look at what's showing before making that decision?

[infamous]

did yu look? also, how come otc markets still didnt remove the grace period and delinquent notice on otcmarkets.com? does it take a business day to do that? tia

[infamous]

i guess that means they actually CARE about their own stock. good times ahead maybe! HWNI

[Craig305]

Correct....no Expert Market concern anymore.
No chance to review details yet.

[infamous]

So this means we will definitely not be going to the expert market correct? Thank God. At a curiosity did you look at the filing to see if they made that correction to show much bigger profit

[infamous]

So this means we will definitely not be going to the expert market correct? Thank God. At a curiosity did you look at the filing to see if they made that correction to show much bigger profit

[Craig305]

Q3 earnings have been posted

[ndforlife]

So much for a steady climb.

[infamous]

Yea why in the world would they want to let this go to Expert?

[Craig305]

I am not sure of the exact start date.
I noticed it on Jan 3. Using that date, you can say Jan 18 could be the last day of the grace period.

[infamous]

Do you happen to know when that 15 day grace period started? Tia

[Craig305]

Will be nicer if they get current with their financials. They are now at risk of going to the Expert Market and being untradable if they don't release their overdue 3Q financials by mid month.

[ndforlife]

Nice to see a slow uptick.

[infamous]

nope. equality. weak money exchanging with smart money. youll see IMO. HWNI

[ndforlife]

My goodness. Monster sells today.

[infamous]

moron trying to sell 1mil with little to know volume in this stock. What? you get issued a mil and you probably dont know your ass from your
brain how to sell. good job. retardo

[infamous]

WHO THE F IS TRYING TO SELL 1.1 MIL? WHOEVER THAT IS IS A PURE IDIOT. HWNI

[infamous]

and YES the buying has begun. This IMO will be higher than .30 soon. HWNI

[kym1216]

Now it makes sense why they delayed the Q. This error is a positive for the reporting. It should be interesting to see how their debt looks at this point. Many were staying away from this until dilution was over. This would be nice.

[infamous]

amazing news out this morning. lovin it. were on the ground floor on THIS ONE! HWNI

[infamous]

yep! this is GOOD.! .... The errors wholly relate to derivatives recorded on the balance sheet as of the end of each quarter. Upon review, the instrument that required derivative accounting was removed from the Company’s balance sheet in conjunction with the sale of the ADEX Corporation and related companies on March 6, 2023. The Company will report a gain on debt extinguishment for the quarter ended March 31, 2023, and will have no derivative liability for the quarters ended March 31, 2023, June 30, 2023 and September 30, 2023. By removing the instrument requiring derivative accounting, the Company will also be able to reclassify the value of its Series D and Series E preferred stock from the mezzanine equity of the balance sheet to the equity section of the balance sheet. Additionally, this discovery has caused the late filing of our Quarterly Report on Form 10-Q for the quarter ended September 30, 2023.

[infamous]

this is GREAT news here!... As of December 5, 2023, the Company has issued $1,220,000 in principal amount of the Notes to the Investors, and the Company does not intend to issue additional Notes under the Purchase Agreement.

that means NO MORE converts. they must not need the money now. but what about the 2 filings that were in error? were the error showing lighter revenue or
better revenue than actually was? who knows? but if they stopped issuing converts, the error must have been on the light side. well have to see.
HWNI

[Craig305]

8K released.

https://www.otcmarkets.com/filing/html?id=17109234&guid=UgJ-k6uprzMS3Yh

Below is a portion of it and the reason for the Q3 delay.

After a comprehensive internal review, on December 4, 2023 the board of directors of the Company, together with the Company’s management, concluded that there were errors in the financial statements previously issued for the quarters ended March 31, 2023 and June 30, 2023 in our Quarterly Reports on Form 10-Q filed on May 17, 2023 and August 14, 2023, respectively. As a result, the financial statements in those reports should no longer be relied upon.

[infamous]

they said anytime now