High Wire Networks Inc (HWNI)

[jetlife84]

Get real? What are shareholders getting for these consultants? It's not just external factors...money is being spent and no value being delivered. This doesn't even count the 100K plus Larry and his wife are getting. I'm not sure why his wife would still be getting paid since it's my understanding she just pays the bills and apparently they aren't even paying the bill for the website.

On March 14, 2016, the Company entered into a consulting agreement. Pursuant to the agreement, the Company will pay the consultant $10,000 per month ($20,000 paid) and issue 550,000 shares per month for a period of three months. At May 31, 2016, the Company had not issued the shares to the consultant due to non-performance.

On August 22, 2016, the Company entered into a consulting agreement for the provision of consulting services until November 22, 2016. Pursuant to the agreement the Company will pay the consultant $5,000 per month and issue 2,000,000 shares of common stock to the consultant. On December 7, 2016, the Company entered into a settlement agreement. Pursuant to the agreement, the Company agreed to issue the consultant 1,000,000 common shares in exchange for fully releasing and discharging the Company of any and all further obligations. At November 30, 2016, the Company had recorded the fair value of the 1,000,000 shares of $8,900 as an accrued liability.

On January 7, 2017, the Company entered into a consulting agreement for the provision of consulting services until July 7, 2017. Pursuant to the agreement the Company will pay the consultant $35,000 per month and upon the conclusion of the first 30-day period of the agreement, the Company shall issue 6,250,000 shares of common stock to the consultant.