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and heres a 3 year chart recap on marcs excellent work.... https://investorshub.advfn.com/uimage/uploads/2024/5/1/mfyzghwni_3_yer.JPG
Guess what though if he continues at this rate the stock will be one penny or less and what's he gonna sell it at then question mark maybe 1 and a 1/2 cents ?
2023...they had 342 employees. Looking at the OTCQB qualification...only one year later they now have 72 employees. 2023 they had 192 shareholders now they have 69. They did not increase revenues from last year to beat inflation. They received $10 million from the sale of ADEX, $10 Million from the Kizer's and $1.5 million from another round of convertibles they issued. Here is the million dollar question. Is Mark really that bad at his job and driving this company into the ground....or is he setting the company up for sale so he can cash in on the millions of shares he was awarded. At this rate, he could easily retire if the sale price was .20
Yea they have an operational loss of $13mil and cash flow of negative $7mil. Thats about as bad as it has gotten for HWNI . they stink
its coming up quickly. they were 1 day shy from expert market last filing.
I believe they have until the end of this month to file before Expert Market.
DELINQUENT SEC REPORTING on OTCM now. are they looking to go to Expert Market? if so, theyre doing a great job.
wow 101 shares traded today alone! That has to be a record?
HERE, ill shed some light as to what diluting a stock chart on HWNI does to it... https://investorshub.advfn.com/uimage/uploads/2024/4/12/tbguuHWNI_CAPTURE.JPG
and one more thing. every time they dilute, for the next 3 weeks you ALWAYS see like a 150k to 250k lot just magically show up on the ask side. then you know their intention yet AGAIN
Oh heck no. Just look at what happened to the pps over the last 2 years! What you said could not POSSIBLY hold water! You can see that every time each and every time they dilute Is the PPS drops. Whoever's getting these shares definitely realized that nothing much is going to happen with the stock and they want to get their money as soon as possible it's obvious
one sincere question. How can you be so sure that the shares being sold, are shares that have been issued by the company. With the 10k coming soon it wouldn’t make sense for them to sell now especially at these prices. And wouldn’t it be more prudent for them to simply convert their shares and hold them in preparation to sell later at a higher price? That, of course, would make the OS count rise slowly, and PPS wouldn’t drop……The share price drop can be any retail share holders giving up simply because they see other respected, charismatic , knowledgeable shareholders speaking negative on public boards. When I come on to this board and read the things being said it makes me want to sell. I haven’t, but if others saw what’s being said on this board Why wouldn’t the average person give up and sell.
Seems like the CEO will continue to destroy this stock diluting the SS. just last year the OS was 80mil. Its 240 mil now.
my next prediction for an increase of the 240mil OS will be to 255mil. lets see soon how right i am. i know it will happen soon IMO
i wonder how much mark will dilute the SS next time. its at 240mil OS right now. im guessing 248mil. thoughts?
ask building bigtime again. disgusting
I guess I will give you the same advice you gave me...sell your shares. How many do you still have?
Okay, so about 3 weeks ago you were unhappy with my reply because you said this should be at .25 and now it is a sinking ship. Looking at you previous posts, you have been pumping this for months. What changed?
definitely going to .01 or less on the next update that they increase. i can almost guarantee it will be right around their next PR IMO
Lol. I can name you 10 penny stocks who have issuances at way higher higher
Prices than current POS with even better SS And the stocks just fall and fall. It means nothing those issuances. Watch the next otcmarkets update. I bet it goes up at least 5 mil shares. Hwni has been talking about going to the nasdaq since they were .30. Its .044 now. If it looks like and quacks like a duck....well you know
Well, the notes they issued in September have a conversion rate of .10. And you know how those investors are not in it to break even. The Kizer's make money if the stock is over .075. The silver lining for the Kizer dilution is I doubt that they will accept a ridiculous reverse split from Mark. The other thing to note is obviously they saw some potential to invest $10 million. Again they are not in this to break even. .25 is still a possibility this year. However, IF they did do a 5 for 1 reverse split, this would easily hit $1 and with enough business it can turn into a $5 stock from there. If they achieve $80 million in revenues, there is no reason this could not be a $250 million MC.
Even if the numbers are great, they will sell right into it like they do on every pr
Well, it is not a $1.00 stock. However, I am expecting that when they release the 10K at the end of the month, they will be profitable. We know of the big win in February along with the big renewal in March so Q 1 is going to look good as well.
I guess harsh reality set in. This SS gets worse and worse
Oh 12 million shares...is that all. Jesus h
What happened? Earlier this month you were telling me that this was a .25 stock?
What converts are you talking about? The Kizer's got 80 million share's which has been added to the O/S. They had that $5 million loan where they issued converts but they cut that off after $1.2 million. The convertible price was .10. So that is 12 million shares. Other than that, what other ones are you looking at?
to be honest, with 240mil OS, a PPS of around .005 would be more like fair value considering theyre constantly diluting every other otcmarket.com update. IMO
mark porter ceo, got paid a salary of $289,231 last year plus $30k in other forms of compensation.
hey converts! why dont you just hit the bid with those 6 million shares you got so this can go to .006 and it might be worth a trade by then? IMO
omg. why does this CEO just keep issuing converts? pay his own pockets? jesus h
now GTSM has an undisclosed amount on ask. Oh this thing about to fall hard IMO. no volume to save this PPS with these converts getting ready to get out. pfffft
take a look at whats on the ask now! yea, this is going to sub penny IMO. 200k on ask.
and the problem is, even if a trading group looks at this, theyd see a 240mil OS and millions of converts. they wouldnt run this stock is their lives depended on it. maybe once this has 500mil OS and the stock is at .0005 they would though.
when he said to you that theres only 1 guy who could be selling...even if he didnt tell you who, thats a violation of SEC rules. im going to look further into that.
and him not telling you exactly who, is a Dk move cause he wants to dangle a carrot in front your face and give you some kind of hope? yu gotta love the OTC CEOs......pffffffft
yes, and porter the ceo is so uncumunicative its uncanny. he never replies to emails, calls, anything. They USED to have an IR(Ron Both i think his name is), but he either no longer works for them or is just as bad with communication as porter is. they still have milliions of converts waiting in the wings.. you can tell they are slowly trying to get out when you see those big lots suddenly show up on the ask then disappear. they have no idea how to sell in order to make something with dead volume for the last 2 years.
He can control the share price. It is called increasing revenues. Stop issuing debt. The company has been around for over 20 years if it is that stable and has such a strong client base, they should be able to support growth without issuing convertibles. This space is very aggressive and there are several companies going out and getting business. Due to the lack of growth in such a strong space, they need a new CEO.
He can control the share price. It is called increasing revenues. Stop issuing debt. The company has been around for over 20 years if it is that stable and has such a strong client base, they should be able to support growth without issuing convertibles. This space is very aggressive and there are several companies going out and getting business. Due to the lack of growth in such a strong space, they need a new CEO.
because they are a bunch of liars IMO. i bet next otcmarket update will be at least 5 millions shares added to the already 240mil OS shares. yea, right, this is going to nasdaq. lmao
There is still a lot of convertible debt on the books and new convertible debt being initiated to this day.
I thought they PRd no more convertible loans moving forward but yet in December, they created new debt with future conversions.
Looks like no buying this morning. After that sell off yesterday seems like people now are a little skiddish to buy for fear of the selling beginning again. Personally I think the selling is over .
i noticed on the 3/1 otcmarkets update, they raised the unrestricted part of the OS by 500,000. wth
I feel you. Becoming more difficult to believe with the OS rising so much and negative price action.
Im not buying what he said. I looked at recent filing 10q and I've never seen so many converts. Revenue was down. every 40 days the OS goes up.
This company is a share selling scam to stay afloat. Theyre going to have to RS 1 for 100 to get on nasdaq. Problem is,,,thwy will keep the 1billion share AS.
Hey Infamous. I Contacted CEO and According to Mr Porter When I asked him about Debt Holders converting he said.
“There's not a single debt holder that converted. There's nothing on the internet that you can take as true. Nobody has any non public information. “
Also when I asked about whether he had any understanding of who could be selling
He said:
“There is only one guy who could sell that many“.
Mr Porter did not elaborate on who he was referring to though.
When asked about the price action today and his thoughts on how long this selling might last and how low he felt this selling might last or what PPS he thought the bottom would be. He said :
“Unfortunately there's no way to control
the stock price. Even "managing" it is impossible today. We're managing the business fundamentals and that takes a lot of time. There's not a lot of "value discovery " these days, only trading on the otc and in micro caps in general honestly. We will work hard for you. We appreciate your support. “
For those who own the stock, including you Infamous, This is all I know. Anyone can contact investor relations just like me. I still believe this is a great company and definitely a star in the OTC. Just can’t figure out when its pps will shine like it should. Looks like it Hit .045 today and started its ascent back up rest of the day. Hopefully the selling is over.
Stay strong everyone.