Helping OTC Issuer Management to Communicate Accurately.
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Thank you
Your best wishes are appreciated. Any and all goodwill is gratefully accepted. (The company has plenty of cool ideas, and nice people who would like to be part of a success trajectory).
IA
Challenging yes, but not impossible
There is no dispute that obtaining capital in a way that respects shareholders' interests is challenging. You are correct.
However, management has already distinguished itself by being conservative in share issuance. The effort and creativity to address this challenge is present here. Shareholders see this. They will see further evidence.
IA
SWHI: No New Shares Issued
There has been no change in share structure since last reported at OTC Markets in a financial information update as supplemental information.
Buying and selling of SWHI in the open market is taking place actively, and substantial liquidity exists for traders, but this liquidity is not being driven by dilution.
It is possible that shareholders who understand the company's plans are choosing to pick-up shares that are being sold by others who were either taking profits from the substantial increase in the share price recently, or who were selling because they did not feel that the most recent news release was exciting enough to suit their tastes. Others may be buying because they are beginning to see the possibilities in the expansion of the revenue base by SWHI to include fixed wireless broadband service. The company does not interfere with the market trading for its shares and there are no fake promotional campaigns to worry about with SWHI.
The company is advancing on its new ambitious business plan and expects to provide more positive updates in due course.
IA
Negative Fantasy
Nothing that the company has said or has done is predictive of a downward repricing of the Regulation A shares.
For the past year, SWHI stock price was below $0.001. The company had ample opportunity to reduce the offering price during that period. At the time IA began service in October, the 50-day moving average price was $0.000884. This has recently grown to $0.001586. That's coming close to a 100% increase. SWHI enabled this through the combination of issuance discipline, new planning initiatives, enhanced shareholder communications and other factors. The company's most recent communication has been to discuss an increase of the Reg A subscription price, not a decrease.
Unfortunately, it is a fact of life that on every discussion board, the vast majority of shareholders and other interested parties have a difficult time to build a constructive conversation because some parties, for reasons of their own, whoever they may be, inject wild insinuations, half truths and negative fantasy into the mix.
This is why SWHI has chosen to ensure that it has a means to offer balance and context, with the assistance of IA. IA sees from the range of private messages received that there are many voices of support for management's forthright approach. There will always be some who want the company to engage in "hype" and others who will crucify management for saying anything about plans under development that are not yet 100% operational. To the vast number of shareholders in the middle, the company expresses its deep appreciation.
IA
The News Release is Completely Consistent
It is clear from the news release that SWHI is in a stage of preparation/negotiation defined as "Next Steps" in order for a definitive agreement to be implemented, and that such further details would be announced in Q1 2019.
The working relationship is therefore not yet operational, as SWHI itself made clear in the release. The introductory text is clear to any normal reader that the working arrangement is not yet in place:
January 10th
A shareholder has asked that the company issue a news release to discuss January 10th further.
The company has already provided evidence that the SWHI share structure has remained steady. It is technically impossible for the 211 Million shares that were traded on January 10th to be dilution driven. This information was posted as supplementary information in the company's OTC Markets' official disclosure.
It is a fact of life in the OTC Markets environment that trading can be volatile, either up or down. Many factors beyond the control of the company have an impact on the Bid and Ask at any time. OTC traders also know that the market makers exert an influence and are not accountable for their trading. It is not realistic for SWHI to try to "manage" its share price, one way or the other, by contrast to exchange listed companies.
The company does not consider it beneficial to issue a "news release" to further draw attention to something which is not in itself news. SWHI has better-than-average liquidity, enabling traders to both buy and sell shares according to their individual circumstances. Although the number of sells on January 10th exceeded buys, the number of buys subsequently exceeded sells. This will vary constantly if the market is left to operate on its own without interference.
Importantly, the forward moving average share price since October 2018 has been higher than the period prior to October 2018. Some degree of profit taking is inevitable, particularly when selling into a news release. The company aspires that the market for SWHI will continue to improve in 2019 as a whole, compared to 2018 as a whole.
IA
Shareholder Interests - Important
To discuss the reality of management's task, from an investors relations perspective, a few thoughts for shareholders to consider.
- The company receives much correspondence from shareholders, and always has, urging the company to do "this" or "that" to "make the share price go up". The challenge for management is that these suggestions are always contradictory. There is no consensus to make all shareholders happy. Some advocate hype in order to "go to the pennies" in a week and to not be "real" because that "no one wants reality in OTC". Others advocate the opposite - and all shades in between.
- SWHI has been careful to maintain an attractive share structure, avoid convertible toxic debt, and since October 2018 to develop a business plan that makes sense yet has great potential to drive shareholder value upward. Since October 2018, the 50-day moving average share price has increased accordingly.
- Management has tried to find the middle ground in its public statements since October 2018 between prudence on the one hand, but also to share some glimpses of the vision that the company is developing on the other hand. The risk in taking this nuanced approach is that it leaves some shareholders wishing for more, and others wishing for less, depending upon where they are in this "hype" spectrum. The company's stated policy is to earn new respect in 2019 and beyond through genuine accomplishment.
- An extremely UNHELPFUL development in sharing forward looking plans has been that SWHI shareholders have taken it upon themselves to contact others with whom plans are being discussed in order to obtain comments prior to the company's more detailed update in Q1 2019. We have been asked to let our shareholders know to stop calling/e-mailing until the further detailed announcement is made in Q1 2019.
- The bottom line reality is that SWHI needs to be able to negotiate with its suppliers, associates, potential partners and customers on a direct basis without creating for those parties the confusion and burden of unsolicited communication from shareholders. Such behaviour will only force SWHI to be even more conservative in what it shares with stakeholders, to protect the commercial confidentiality needed in such relationships.
- SWHI therefore asks, as a favor, that its shareholders let the company complete what it has set out to do, and to make its further announcement about operating details in Q1 as announced. This is the best way to protect shareholder interests.
Respectfully,
IA
Agreed
Yes, there will be operational updates during Q1, not just on March 31st.
IA
Sticky
Thank you for that good idea. IA is not a Moderator, but certainly agree that treating the report as a sticky would be a helpful resource for existing and future shareholders.
Perhaps a Moderator will act on your idea.
Management is grateful for the goodwill and support shown by shareholders who gave the company the benefit of the doubt, pending confirmation that the large trading volume had no dilutive trigger. It was a joy to demonstrate to these shareholders that their trust was justified.
IA
Management Comments Trading January 10 2019
OTC Link
Confirmation Coming
Management is reviewing transfer agent documentation, including stock delivery history, to establish and confirm that the float of unrestricted stock reported on January 3, 2019 were the only shares available for trading by the public (or anyone else) yesterday, January 10, 2019.
It is hoped that this can be posted to OTC Markets as a Supplemental Disclosure prior to closing today. In view of the importance of this declaration, it is being reviewed carefully.
IA
Being Done
Yes, the goal is to have formal print-out today, with comments. Skeptics who are expecting to find a 200 Million share issuance will be disappointed.
IA
Agreed
Yes, this is being discussed by management presently, namely, determining how and why 211 Million shares would be traded in a single day, representing approximately 2/3 of the float.
There will be an official comment. The company is still gathering facts, including an examination of the timing and size of all of today's trades.
The company would like to have the answer more than anybody.
IA
Thank you
You are right of course - the company must build its asset base and momentum both. Management agrees. The challenge is to do so with the constraint of resources being modest and shareholder trust being paramount. SWHI management is determined to avoid fakery.
The breakthroughs are likely to come as a result of the quality of the company's relationships within its operating space, and amongst non-shareholding well-wishers who are willing to consider providing access to low cost operating lines under the right conditions, or contributing assets to deploy for the company's benefit or mutual benefit. There are some terrific people considering proposals.
It is IA's assessment that there will more developments that will demonstrate creative insight by SWHI. The firm definitely has a new "vibe" by comparison to last year. Management is looking forward to demonstrating its renewed commitment to SWHI shareholder success, in practical ways, including enhanced communication with shareholders on iHUB! It's a sign of respect.
IA
Old News
The increase of the authorized shares to 1B has been discussed and posted here on IHUB and at OTC Markets and even its website long before January 3rd. This proves that the company is excellent in disclosing material facts.
IA
The Facts Will Speak for Themselves
The company looks forward to posting the promised verification that there has been no change in the share structure since last posted to OTC Markets, including the authorized and outstanding share count, both.
We thank all shareholders who look to the facts and draw their own conclusions. There was no dilution today. None.
There is also no bad news today at SWHI - quite the contrary. Things are shaping up nicely for shareholders with the company's pending expansion to a hot new sector within telecommunications, fixed wireless broadband service niches. These will augment SWHI's current business - and this is only one of serveral initiatives under development.
IA
New Initiatives
A few thoughts regarding the company's new drive to create shareholder value.
Since October 2018 the company has updated its OTC Markets reporting format, including an explanation of the plan to launch new initiatives.
The company has also pledged and delivered Current PINK status.
SWHI is now taking a logical yet bold expansion step into wireless to supplement its business, and is doing so with another great technical partnership.
SWHI has shown huge discipline in its share issuances, and has taken the unusual step in the OTC environment of resisting downward pricing to instead push the Regulation A+ subscription price above the current trading price.
There are clearly more aspects of its new initiatives that the company would like to discuss, but management is showing wisdom by ensuring that these things reach a certain stage of reality before talking about them. That's refreshing in the OTC space. There will be more information forthcoming about initiatives.
Management appreciates the interest being expressed by its supporters in this strategy and welcomes new shareholders who are arriving via the large trading volume.
As a trend line, the SWHI share price has been strengthening since October. Present conditions are favourable for further strengthening.
IA
In the Works
Yes, an updated written report has already been requisitioned today from the transfer agent and will be posted in the same manner as the January 3rd update.
SWHI shareholders will be pleased to see that there has been no dilution.
IA
No Dilution
The verification of SWHI share structure as recently as January 3, 2019 at OTC Markets shows the actual screen shot of the transfer agent official report:
OTC Markets Disclosure Link
A further report has already been requisitioned by the company today to demonstrate to its shareholders that no company dilution is occurring. The screen shot will again be posted.
Today's substantial volume has absolutely nothing to do with dilution. Zero.
IA
Confirmed: No Change in Share Structure
There has been no change since the last update.
IA
Answer to Shareholder Questions: Regulation A+ Pricing
A number of shareholders have asked the company about its policy toward the existing approved $500,000 Regulation A+ offering at $0.001. There is concern by shareholders that a release of 500 Million shares will hit the market from such $0.001 subscriptions.
THE SHORT ANSWER IS: That will not happen. The company is already looking into upward repricing of SWHI Reg A+ shares, to a new higher level, above a penny at a minimum.
There is a formal process involved, and the SEC is on reduced staff presently due to federal government funding negotiations. The company is evaluating details on repricing and prefers to solidify these before making a formal announcement. Management is aware that SWHI's exceptionally low public float and organic liquidity are important features of the appeal of SWHI to current and future shareholders.
Traders of SWHI will have noticed by now that the ASK is often thin. That is because there is no dumping occurring; no toxic note conversions occurring and no ridiculous management excesses occurring. Instead, a real business exists, with a proper physical address, with current filings, with valuable commercial partnerships and exciting plans for growth that are based in reality.
A formal news release on the subject of Regulation A+ pricing will be issued in due course when details have settled. The bottom line is that the Regulation A+ subscription price will be going up, and if the SWHI share price in trading grows significantly beyond even that new subscription price, then a further adjustment upward can be made again. Upward pricing is permitted, following due process. With every increase in the Regulation A+ subscription price, the number of Regulation A+ shares required to achieve the desired capital funding is reduced. With a sufficient subscription price increase, that reduction in issuance can be dramatic.
Therefore, with proper management of the situation it will be possible for SWHI shareholders to continue to have the best of both worlds - $500K capital funding for future growth while maintaining a lower than usual "float" of common shares amongst the company's OTC peers.
IA
Thank you for your enquiry
Confirmation was issued last night on this board that a news release is definitely coming this week, as promised.
IA
News Release Issuance Confirmation
As a courtesy, this will serve as confirmation that the company is still issuing a news release this week, in which forward plans are discussed. Either on Wednesday or Thursday. Approval of the release is pending.
IA
Correct
Answer to Shareholder Question: Plans
Question:
"I am a long time investor in SWHI. It is great to see the company moving forward, getting current, and with no debt! I did have a few questions though. Given the company’s past, I was wondering if there were any plans to perform a reverse split or raise the authorized share count in the near future? Additionally, now that the company is coming back to life, could shareholders expect updates (news, acquisitions, merger, etc.) in the near future?
Thank you for your time and let’s make 2019 the year for SWHI!"
Answer:
Thank you for your kind thoughts. There are no plans for a reverse split. There are no plans to raise the authorized share count. The company anticipates a news release next week in which a new initiative will be described that makes it clear that the company can soon grow significantly in real terms, not merely wishful thinking. Thereafter, operational updates of various kinds will be provided as plans are implemented. Please consider becoming a follower of the company at Twitter and to re-Tweet our announcements to your own followers: https://twitter.com/HoldingsSw
IA
Twitter Users Invitation
Readers of the SWHI Message Board at iHUB who have not yet followed SWHI on Twitter are invited to do so here: https://twitter.com/HoldingsSw
It is an additional way for you to receive updates, as momentum picks up for SWHI in 2019 and beyond.
IA
Disclaimer
It is coming back. There is a payment system required for this and it is being updated.
In the meantime, the InfoAssistant signature statement under every post continues to explain that InfoAssistant provides IR assistance and the service website address is given for full disclosure.
IA
OTC Markets PINK Status
Management and InfoAssistant have both independently followed-up again today with OTC Market Issuer Services staff. The company and InfoAssistant have been assured that the Attorney Opinion Letter filing is in their work schedule to review. Staff stated that there is a backlog at the moment.
As to timing, no specific hour or day was committed to by OTC Markets staff other than their confirmation that OTC Markets does know that they need to complete this task, that there really is a backlog, and they hope it will only be a few more days.
The reason that management and InfoAssistant, both, have independently verified this with OTC Markets is to be able to report this to shareholders unequivocally.
IA specifically asked OTC Markets whether it has permission to quote OTC Markets in their use of the term "backlog" as the accurate and official position when reporting to shareholders today - and this permission was granted. That is their own term.
IA
Already Stated
The information that you requested would be part and parcel of the NI 43-101 Report. Management is focusing on organizing the financing and engaging appropriate parties for such a report.
IA
Your Questions are Welcomed Too
Your questions for the interviews/conversations are as welcomed as anybody else's.
There are two sides to most issues. If you have concerns, it is possible that some of them will be cleared-up when Mr. Li provides the context to previous and current events; especially when they are connected to his plans for the company's future.
It is natural that a CEO's perspective regarding opportunities and obstacles that the company faces would include unique insights to issues that are not obvious to people outside of those situations. This is what will make the interviews/conversations so interesting and valuable for shareholders.
IA
Clarification
InfoAssistant has not been engaged by AFPW. IA has no mandate at this stage to be present on that board or to provide any function there.
The post by IA at SFPW was merely a disclosure that IA was considering such an assignment.
As to the concession numbers, any reasonable reader of the discussion on this subject will understand by now that it is the intention of management to provide not only such information but much more - in the context of a formal report that is recognized by the industry for its reliability.
The questions that you ask are valid and even important. There is no intention by IA to diminish the logic and reasonable nature of any desire to vet statements made by this company or any other public entity.
The engagement of InfoAssistant by TINO management was the first step, of several, that management will take to pull together communications that are coherent, complete and professional.
The NI 43-101 is the highest standard of professionalism in this regard.
IA
Investors Hub is a Remarkable Platform
The service that iHUB provides to investor communities is real and widely appreciated. It is by far the most "public" environment in which conversation occurs about OTC securities, by shareholders and non-shareholders alike.
There is a collective experience and wisdom, both, among the iHUB community as a whole. There is no better venue in the world in which to invite the accumulation of questions and topics of interest for an interview/discussion with the CEO.
As to why a CEO would not be posting personally - that is plain common sense. The CEO is running the company. The CEO is having meetings, planning, travelling, on the phone, solving problems, dealing with suppliers, engineers, customers and so much more.
The last thing that shareholders need is for their CEO to be drawn into message boards. It is a distraction from their work.
It is normal for public companies to cooperate with information teams to help convey things to stakeholders. The participation by Mr. Li in a public conversation posted to iHUB, as organized by InfoAssistant, will make the question about the role of InfoAssistant a moot point.
IA
Disclosure via NI 43-101
The CEO has already committed himself in the first ever interview for shareholders, recently posted and over 40 minutes in length, to disclosure of all these details in the context of a professional and industry recognized report. The NI 43-101 Report puts these things into context, and is the basis of plans to commercialize.
It reflects positively on Tamino's CEO that he is so unequivocal in stating that the creation of this report is Tamino Minerals' most important next step.
A company with no prospects would not bother with such a sophisticated instrument which requires, at the very least, exactly such assets to review and assess.
The CEO's actions presently are oriented toward financing and organizing an NI 43-101 as soon as possible.
IA
More People Read than Post - They Matter Too
The majority of iHUB members read more than they post. Many shareholders of SRMX who are not frequent posters may appreciate measures that provide them with additional information/perspective.
They will then make up their own minds as to what sources of information they value. Not everyone who posts even wishes a company well - most readers discern this also.
IA
Thank you.
For people who have the opportunity to work with Mr. Li, or be associated with him, there is no doubt that he is driven to accomplish an impressive business outcome. There are many OTC CEOs who are not as serious in their goal to "make it happen". By contrast, Max Li is fully present in the moment. He thinks about the issues associated with the success of the company constantly.
Now with the responsibility/opportunity for Mr. Li to be CEO of the publico too, i.e. not only the subsidiary, things are becoming increasingly coherent, with a more coordinated approach to things. Bear in mind, there is more to accomplish than meets the eye. The recent completion of the debt conversion arrangement is a big win.
Investor relations is not an exact field - it is very much affected by the people involved. InfoAssistant's approach is to advocate for shareholder interests behind the scenes, continuously, so that the partnership between shareholders and management is not merely a legal matter, but "felt".
Your comment reminds us all that this has real value, to real people, like yourself. That is the point of the exercise.
IA
Coming: Interview Series with CEO Max Li
Planning is underway for a series of podcast conversations with SRMX Tri Cascade CEO Max Li. The purpose is to have Mr. Li explain in his own words, to shareholders directly, what the company's vision is and what steps are being taken to accomplish the company's goals.
Shareholder questions are being gathered for this purpose, and many will be addressed in the conversations with Mr. Li. Other questions will be responded to in writing if the answer needs to be very precise or requires research.
If you would like your question(s) to be considered, feel free to post them here on iHUB ensuring that you use the word QUESTION as the first word of your post. This will ensure that the questions can be found when reviewing the posts for this purpose.
As you get to know SRMX Tri Cascade's CEO, Max Li, you will discover that he is passionate about the industry and technology space in which SRMX Tri Cascade is operating. He is far better informed about the company's peer environment than many CEOs in the OTC Market landscape.
You will also discover that Mr. Li is astute in recognizing the importance of relationships at the senior level of the industry. It will become clear that the business model of commercialization through 3rd party relationships with large and respected partners is something which Mr. Li is uniquely qualified to implement.
IA
2019 Consumer Electronics Show
The company is sincere in inviting shareholders to introduce themselves at the company's 2019 CES booth so that shareholders can see for themselves what SRMX Tri Cascade has to offer.
Las Vegas starting January 8th...
IA
Monday?
Monday would be nice, however, Monday is not guaranteed by OTC Markets. It's good to be positive, so thank you for that. You could be right!
IA
One Cannot Satisfy Everybody
Despite best efforts, it is not possible to satisfy every single person, with every single step taken, regardless of what it is. IA has responded to posts where appropriate, however, it is not feasible or implied that every single post can be replied to or answered to the satisfaction of every person.
We receive a number of messages of appreciation for what we do - which are cherished, because they show us, and management, that our information assistance initiative is worthwhile.
IA
"The fact that you have waited 4 days..."
The fact is that many attorneys are not in the office on Christmas Eve and Christmas Day.
The company's attorney had no reason to expect the need for a revision and was not even in town during this week, which many professionals treat as a vacation week.
However, as can be seen by the uploaded revision at OTC Markets today, this task has been completed, despite the circumstances above.
IA