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Re: holter post# 1082

Wednesday, 04/22/2015 9:01:05 AM

Wednesday, April 22, 2015 9:01:05 AM

Post# of 1111
Holter, IMO, I agree that the key to establishing a basis for any litigation or to have an injunction issued by the SEC as to moving forward with this merger will be to prove that there was prior knowledge by Paul McGinn as to the intentions of Macquarie Bank given their relations with Fir Tree and Vertical Bridge.

In his interview with Chris Castaldo, he (McGinn) clearly makes "future looking statements" that are / would be misleading IF he knew that there were already negotiations in place with Macquarie thru Fir Tree and Vertical Bridge which would lead to the current situation. The only way to prove this would be to have any and all communications between McGinn and Macquarie put forth in a SEC hearing on this merger agreement.

I have tried to put forth in the timeline below certain key statements and agreements which looking back on the communication I had with WSBSH should have raised a signal that the agreement with Fir Tree given the relationship between Macquarie and Fir Tree was leading to the situation we have today whereby the individual investors were being lead to the slaughter.

So my question to WSBSH is that if they were a) Mislead and b) according to Chris C. also loss a large amount of capital by investing in CIGW, one would think that they would join the individual common stockholders in their fight against this merger.

If you note in the disclaimer at the end of this post, WSBSH cannot be held legally responsible IF the only knowledge that they had was the information given to them by CIGW (McGinn)
However, professional integrity would seem to solicit their assistance and involvement given that they were the PR firm representing CIGW and obviously were mislead by CIGW and if so, thereby having a severe affect on WSBSH's credibility particularly in a world of social media and the ability to communicate what took place. CNBC launched American Greed as a platform to make the public aware of situations just like this one ============================================================
CiG Wireless Corp. Announces Appointment Of Paul McGinn As Chief Executive Officer And Director
Published on 2012-02-09 09:00:00
ATLANTA, Feb. 9, 2012 (GLOBE NEWSWIRE) -- CIG Wireless Corp. (OTCBB:CIGW) announces the appointment of Paul McGinn as Chief Executive Officer and Board Director effective Feb.6, 2012. Mr. McGinn, former CEO of TCP Communications, will lead the newly formed CIG Wireless -- a publicly traded tower company. Bringing more than 18 years of wireless tower experience from his days at SBA Communications Corporation where he was Director of Acquisitions, Mr. McGinn subsequently founded TCP Communications and grew it to a successful sale in 2006.
==================================================================

CiG Wireless Announces Closing Of Credit Facility With Macquarie Bank Limited Of Up To $150 Million Dollars

Published on 2012-09-11 09:00:00
====================================================================

CiG Wireless Corp. Closes $35 Million Preferred Stock Financing

Published on 2013-08-05 09:05:00
Atlanta, Georgia, August 5, 2013 -- CiG Wireless Corp. (OTCBB: CIGW) (“CiG” or the “Company”), a leading independent owner and operator of wireless communications infrastructure in the United States, announced today that it has completed a $35 million preferred stock financing agreement with funds managed by Fir Tree Partners (“Fir Tree”), a New York based private investment fund. Fir Tree invested $35 million into the Company’s newly created Series A-1 Non-Convertible Preferred Stock and Series A-2 Convertible Preferred Stock at the initial closing on August 1, 2013. The Series A-2 Preferred Stock is initially convertible into 29,297,652 shares of the Company’s common stock. The Company holds certain conditional rights to call up to $25 million in additional investment from Fir Tree for acquisitions, subject to certain enumerated conditions satisfactory to Fir Tree.

As part of the financing agreement, Scott Troeller and Jarret Cohen, both executives of Fir Tree, will be joining the Company’s Board of Directors after the transaction closes. Messrs. Sebastien Koechli and Gert Rieder resigned from the Board prior to the closing.
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From: Jerry Castaldo <jcastaldo@wallstreetbuysellhold.com>
Subject: CIGW Quarterly Revenues Up 200%
==================================================================
2nd quarter revenues should be announced by next week and we could see them in excess of $2M
Thank you

Jerry Castaldo
Managing Principal
jcastaldo@wallstreetbuysellhold.com
Wall Street Buy Sell Hold Inc
135 Glenwood Road. Box 416
Glenwood Landing, New York 11547
Direct # (516) 690-6901
Fax # (516) 656-9523
www.wallstreetbuysellhold.com
==============================================================

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Wall Street Buy Sell Hold Inc
A Wall Street Buy Sell Hold Inc Publication ---- All Rights Reserved
Update Coverage Report
May 27, 2014

CIG Wireless Corporation (CIGW OTC $0.70)
CiG Wireless Corp Announces First Quarter 2014 Results
CiG Wireless Corp May 23, 2014 4:05 PM
======================================================================
ATLANTA, May 23, 2014 /PRNewswire/ -- CiG Wireless Corp (CIGW) today announced its earnings for the three months ended March 31, 2014. CiG Wireless Corp (the "Company") headquartered currently in Atlanta, Georgia is a growing company that operates, develops and owns wireless communication towers in the United States.

Revenue for the three months ended March 31, 2014 was approximately $1.6 million compared to approximately $0.5 million in the same period of the prior year. The increase in revenues of over $1.0 million or 200% was attributable to the acquisition of 100 towers and the construction of three towers during 2013 and the first quarter of 2014. The addition of 100 towers to the Company's portfolio was accomplished through the acquisition of 38 constructed towers from Liberty Towers, LLC in August 2013, the acquisition of 49 constructed towers from Southern Tower Antenna Rental, LLC completed in multiple transactions, the acquisition of 12 constructed towers from PTA, FLA, Inc. completed in multiple transactions and the acquisition of one constructed tower from Fidelity Towers, Inc.

Loss from operations for the three months ended March 31, 2014 was approximately $2.0 million, which was generally flat compared to the same period for the prior year. Depreciation, amortization and accretion expense for the three months ended March 31, 2014 increased by approximately $0.7 million or an increase of 1.7% compared to the same period for the prior year. The increase was attributable to the addition of 103 towers to the Company's portfolio of assets that took place during 2013 and the first quarter 2014.


Net loss for the three months ended March 31, 2014 was approximately $18.3 million compared to approximately $2.4 million in the same period for the prior year. The increase in net loss was the result of the change in the fair value of derivatives of $14.7 million, indemnity fees of $0.9 million and higher interest expense in connection with the increase in the Company's borrowings under its credit facility entered into in September 2012 (the "Credit Facility").

As of March 31, 2014, the Company's cash and cash equivalents balance was approximately $2.0 million. During the three months ended March 31, 2014, the Company paid approximately $4.1 million for acquisitions and the construction of antenna towers. These payments were funded through proceeds available under the Credit Facility and the issuance of Series A-1 and Series A-2 Preferred Stock.
As of March 31, 2014, the Company owned 170 wireless communication towers and had a geographical presence in 23 states. Approximately 93% of the Company's revenues were derived from site rental revenues of the Company's communication towers.
The Company started the process of relocating its corporate headquarters to Florida. This process is expected to be completed during the third quarter 2014.
About CiG Wireless Corp
CiG Wireless Corp (www.cigwireless.com) is a leading independent owner and operator of wireless communication infrastructures in the United States. The primary focus of the Company is leasing antenna space on its multi-tenant towers to a variety of wireless service providers under long-term lease contracts. The Company's common stock is traded publicly in the US on the OTC Bulletin Board (CIGW) and on the Entry Standard of the Frankfurt Stock Exchange in Germany (ISIN:US12551W1071).
Safe Harbor Statement
This presentation contains "forward-looking statements" as defined in the U.S. Private Securities Litigation Reform Act of 1995. These statements are based upon the Company's current expectations and speak only as of the date hereof. These forward-looking statements are based upon currently available competitive, financial, and economic data and management's views and assumptions regarding future events. The Company's actual results may vary materially from the forward-looking statements as a result of various factors and uncertainties. The Company cannot provide assurances that any projections, goals, future events and other prospective matters described in this press release will be successfully completed or that the Company will realize the anticipated benefits of any transactions. Various risk factors that may affect the Company's business, results of operations and financial condition are detailed from time to time in the Annual Report on Form 10-K and in the Current Reports on Form 8-K and other filings made by the Company with the U.S. Securities & Exchange Commission. The Company undertakes no obligation to update information contained in this presentation.
Contact:
Paul McGinn
Chief Executive Officer
678-332-5000
Please review the CEO Interview noted below as well as the accompanying writeup on CIGW.
We would like to present a CEO interview conducted by Chris Castaldo, President and CEO of Wall Street Buy Sell Hold Inc.,with Paul McGinn, President, CEO and Director, of CIG Wireless. If the video doesn't open please click here
Overview of CIG Wireless Corporation
CIG Wireless Corp. develops, operates, and owns wireless and broadcast communication towers in the United States. It primarily engages in leasing antenna space on multi-tenant communication sites to wireless service providers under long-term contracts.
Based in Atlanta, CiG's primary focus is leasing antenna space on its multi-tenant towers to a variety of wireless service providers under long-term lease contracts.
Company target to be ranked a top 20 U.S. based tower company approaching 600+ towers by the end of 2014
CiGw plans to expand its footprint by building new and acquiring existing towers through a robust pipeline of opportunities.
Data demand is expected to continue to drive future wireless growth and demand for cell sites
North American mobile data traffic is projected to grow over 9x from 2012 to 2017.
Tower companies are expected to continue to benefit from steady carrier CAPEX spending;
Total U.S. wireless capex ranges from $25-$53 billion annually, with AT&T and Verizon accounting for the majority of the spending (per Wall Street Market Research, January 2013)
U.S. 4G buildout could mean $25-53billion in infrastructure investment
Tower companies would benefit from all of the above in the form of carrier Capex:
Lack of spectrum drives cell-splitting (which adds additional antennas to towers)
Redevelopment of existing towers
Additional spectrum (also required redevelopment)
CIGW is Uniquely Positioned to Benefit From Consolidation of Smaller Tower Operators.
Access to Capital:
Access to an additional $140 million of debt to finance acquisitions
Public company status allow CiG the ability to pay for some or all of acquisition with stock
Experienced Management Team:
Strong customer lease-up capability, sales and marketing experience
Knowledge of where and from whom to purchase tower assets
Know how how on writing of purchase contract to accrue benefit to CiG
Potential for joint acquisition deals where seller (i.e. private equity fund) can remain partially invested
Extensive pre-acquisition analysis to determine lease up potential by experienced team to maximize revenue gain post closing
Management Team:
Paul McGinn President, Chief Executive Officer & Director
Over 18 years of experience in the wireless tower industry
Former Director of Acquisitions at SBA Communications
Responsible for acquiring over 3,500 towers, including towers from Telecorp, Verizon, Cell South, Page net, among others
Previously founded and led TCP Communications
Grew portfolio to over 250 towers and successfully sold the Company for 2.2x equity after four years
Romain Gay-Crosier Chief Financial Officer & Treasurer
Chief Financial Officer and Treasurer of CiG since 2011
Responsible for cash management and reporting processes to the Board of Directors and third-parties
Previously Chief Financial Officer and Treasurer of ENEX Group and its affiliated companies
Significant experience across numerous industries including aviation, telecommunications and renewable energy
You may also learn more about the company by visiting their website http://www.cigwireless.com/
Chris Castaldo
Chris Castaldo
Founder, and President of Wall Street Buy Sell Hold, Inc.
Wall Street Buy Sell Hold Inc (WSBSH) is an Investor Relations firm hired by certain companies to provide investor awareness services to micro cap, small cap companies and other private and public companies. Investor Awareness programs are designed to help companies communicate their investment characteristics. WSBSH distributes commercial advertisements (report/release/advertisements) and other Information purchased and compiled from outside sources and analysts. Please read our disclaimer at the end of this report.

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