High Wire Networks Inc (HWNI)

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Because the economic conditions for funding technologies such as Mantra is much different now then then.

We hear the same thing every year. What makes you or anybody else think things will be different this time?

Quote from Robert Adamson former president of the CMC

At CMC last year, we were concerned it was going to take a significant period of time for those high level government policy declarations to make it into funding programs to support real activity. We looked at our remaining budget and our burn rates at the time and estimated it would be Christmas 2016 before there were substantial amounts of funding flowing associated with those programs. So we downsized in December 2015 in order to cut our burn rate. It was painful, it was really painful for everybody, but we are now seeing significant funding calls coming out from the federal government and we are responding to those calls with proposals and we are going to be in good shape on some of those project proposals to generate revenue from major projects.