High Wire Networks Inc (HWNI)

[kym1216]

Because their business model is stupid. They rely on channel partners to sell. You cannot have the kind of mark up when you are working with resellers. That is why almost every company in this space has a sales force. They got lucky and won some big deals and I feel like they thought 625 channel partners would just allow them to sit back and wait for money to walk in the door. If that was the case, every company would do that. There is a reason why they don't. There are several sales reps that have no desire to sell third party products that other companies can sell. What they needed to do is hook up with on major corporation and have an agreement in place that would allow them to sell their services on an exclusive level. There would have to be minimums which is what can be incorporated in their product line forecast. However, why would a company sell a product that their competitor could sell just as easy. This model is what will kill the company. At 625 channel partners, they are basically doing the same growth in business as 10 sales reps would do.

[kym1216]

Let's hope that you are correct. However, this Roth conference is a way of looking for investors. They don't buy shares on the open market. They are looking for a deal. The only think I am hoping for is that the Kizer's want to dump some of there shares and they will transfer out. However, I do not see any other reason for them going to the shark tank and speaking to the folks at Roth without looking to issue more shares for money. That is the whole purpose of those events.

[KnicksStockChamp]

No 8k is associated with that kinds of news.

The latest 10q says "As of and for the nine months ended September 30, 2023, the Company had an operating loss of $7,402,876, cash flows used in continuing operations of $6,898,188, and a working capital deficit of $6,609,855. These factors raise substantial doubt regarding the Company’s ability to continue as a going concern for a period of one year from the issuance of these unaudited condensed consolidated financial statements."

There are also 14 pages of entries in that 10q under "Loans Payable to Related Parties".

[infamous]

Read the news. That debt was abolished cause of something. I dont remember what though.

[KnicksStockChamp]

I don't see how they paid off $6.2m of debt with a negative EBITDA and weak quarterly growth.

[infamous]

And ill tell you this much. Theres a ton of buying in the .07 range the last 8 months. Imo, when this goes, it'll go hard

[infamous]

Nah. Porter said they are out of debt now . No need for that imo.

[kym1216]

They issued 80 million shares to the one investor about a year and a half ago. They can sell for a profit if it is over .075. Looks like they are tired of waiting. Besides, with that Roth conference coming up they are obviously out of money and need to issue more shares to a new investor. They were not clear on how much money they will bring in with that new contract.

[infamous]

selling 249k at .08 now? i think someone or some group does not want this flying up yet IMO. HWNI

[infamous]

Honestly we don't have to worry about any of that if this stupid company started letting their Prospective investors know what a good company they are

[Craig305]

You have to worry about the market maker PUMA that is undercutting the 150k seller.
PUMA is a diluting MM with an undisclosed amount of shares to sell.

[ndforlife]

LOL!! I saw that. Feelings mutual.

[infamous]

Whoever the F is trying to sell 150k shares at a time, just hit the bids and get the fk outta here! You fkn p.ssies

[Stockfun1]

https://stockinvest.us/stock/HWNI

[infamous]

smart money is eating through this POS seller with smart money. i cant wait for this seller to realize he made the biggest mistake of his POS trading/investing career. dumb A.. HWNI

[infamous]

who the F is that seller using GTSM? Just what do you think youre doing selling like that? are you a moron? why dont you just sell at the bid and get it the F over with you dumb POS?

[infamous]

im thinking we close well over .10 by EOW. Then the real fun begins. ive been saying this should be a 1.00+ stock based on fundamentals AND technicals. anyone out there listening? too bad if youre not. HWNI

[infamous]

IMO this long wait will be a gigantic payoff. This company makes more than 10mil in rev per year, were QB, and debt is gone. Theyre in the right space. patience IMO

[infamous]

3 months tops. youll see. theyre converts are over for good. why dont you email Porter? hell talk to you usually. HWNI

[KnicksStockChamp]

What would a good timeline look like for that? Last Q shows $3.6m in loans out (plus interest). Given low cash and current revenue generation, it'd be a few years without a raise to pay that off. What are some alternatives for them to consider?

[infamous]

i think HWNI is turning a profit now. If they show no more debt and flat or profit, this stock is going over 1.00. HWNI

[infamous]

In my opinion this will be 50 cents soon it's inevitable period too good of a company.

[SF971]

Thank you for the list!

Add to that:

YCRM
GDVM
SDCH

Any others?

[KnicksStockChamp]

Look at the other microcaps, on and off OTC:

HWNI
SDCH
CISO
IMCI
ATDC
HUBC
INTZ

[infamous]

So? Are yu spamming other companies here?

[SF971]

YCRM is a cybersecurity reverse merger with ReachOut Technology.

1. ReachOut Technology founded in 2010

2. 68 employees

3. Acquired IND Corp ($6.6 M) in Sep 2022

4. Acquired RedGear ($4 M) in Nov 2023

5. Acquired unidentified company in Jan 2024

6. $12 M revenue in 2023

7. Cash flow positive


Currently only $2.9 M market cap.

[infamous]

What? Ycrm is an ice cream company¹ buzz off

[SF971]

Would you be able to confirm the multiple you are seeing for cybersecurity companies on the OTC such as YCRM?

[KnicksStockChamp]

OTC listed cyber companies aren't seeing 10x multiples on valuation.

[infamous]

If the filing is published mid-day this week, will there be an immediate price correction of the market cap from $2.7 M to $90 M (apprx. 33x)?
OF WHAT COMPANY? this is the HWNI board. do you know that?

[infamous]

finally someones chippin away at that one 100k seller. hes halfway gone now. This PPS is going to fly soon IMO. company is too good. this is a dollar stock IMO>

[infamous]

Has nothing to do w hwni

[SF971]

Ameriguard Security reverse merged into shell $AGSS (previously $HRAA before name and ticker symbol change).

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170477171

$AGSS released its Super 8-k on December 14, 2022.

https://www.sec.gov/ixviewer/ix.html?doc=/Archives/edgar/data/1514443/000182912622020293/ameriguardsec_8k.htm

$AGSS Super 8-k showcased revenue of $22 M and net income of $1.6 M for fiscal year end 2021.

$AGSS share price immediately corrected upward to fair market value (apprx. $200 M market cap with share price ~ $3).

What is ReachOut Technology’s FMV?

[infamous]

what does this have to do with hwni?

[SF971]

YCRM cybersecurity merger

1. ReachOut Technology founded in 2010

2. 68 employees

3. Acquired IND Corp ($6.6 M) in Sep 2022

4. Acquired RedGear ($4 M) in Nov 2023

5. Acquired unidentified company in Jan 2024

6. $12 M revenue in 2023

7. Cash flow positive

[infamous]

I would post but stockfun was nice enough to give it to me and I wont divulge out of respect. Maybe he'll send it to your email. Up to him though.

[beatdataxman07]

What’s the message from porter?

[Stockfun1]

Check your email.

[infamous]

Ok then please send it soon to [e-mail]. thanx bro

[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.