Central Wireless Inc (CWIR)

[Millenium323]

CWIR CEO Letter to Shareholders 9/19/17

Dear Fellow Shareholders,

I’m sure you’re all wondering about the new management, additions to our Board of Directors and our business model moving forward. I will say that I am excited to begin executing our model,
although we started the process about a year ago, we decided on using CWIR as our public platform a few months ago. We also had to make sure our partners were on board and our deal flow pipeline was strong.

A question that has been asked is, why start on the Pinks? There are a few reasons, NYSE and Nasdaq companies for the taking just don’t exist and if they do, the acquisition cost is probably close to around $100 million. Starting from scratch with an S-1, fund raising, FINRA, IPO process is time consuming and our story would have been lost in paperwork drafts and amendments. Going with the OTC market puts us on a “fast track” and we are using this platform only as a stepping stone to building our shareholder base, our financials, making sure our in-house
compliance department is in order so when we decide to up-list, we’ll be ahead of the curve. With the pipeline of companies we have signed to Letters of Intent to purchase, we would meet the listing criteria with our initial acquisition. Are we going to apply right away? Probably not, I’d like to build our consolidated financials first. We’d like to have some real size
and depth before considering.

So what exactly is our business model? We’re an acquisition holding company that will purchase private operating businesses with annual revenues of between $5 million to around $30 million. These businesses will become wholly owned subsidiaries of CWIR, the parent company. I do believe this may be the first time that a microcap pink sheet listed company purchased a business many times its current market cap. We look for management teams that want to work together with us, as a team, to grow and expand the business. They will be able to focus on executing the business while we focus on investments, capital markets, investor relations and regulations. At some point in the future, be it two or three years, depending on the market environment, we’ll consider spinning subsidiary off. As a current shareholder during that time, you will also receive shares in that entity. If you ask me where we see ourselves in five years, I would say that we would like to have ten to fifteen subsidiaries under our umbrella at all times and spinning off or selling four or five each year.

I don’t roll the dice, I don’t gamble, I don’t hope things happen. I like to believe that I do sure things. As a matter of fact, I’ve only been to Vegas a handful of times because of these reasons. The way we do that is by controlling the process, structuring deals that make economic sense because we are executing on our terms.

What’s our industry focus? Quite frankly, we’re generalist, except for David Platt, who specializes in Pharma and Biotech, and Ray that specializes in the financial arena, but at the end of the day we’re all deal guys. I’m told often by my Wall Street colleagues that our business model isn’t focused; it’ll be hard for the Street to follow and accept. What I tell them is that we are very focused, focused on making money. We’re not looking to reinvent the wheel; I’m not that smart, just looking to build our bottom line. What better way to accomplish that then to buy a business that is already profitable that will complement our overall strategy. Growing earnings mean an appreciating stock price.

What about the money, the acquisition capital? We look at it this way, there’s a lot of money in the world. The money is there when the deal is there. Collectively, we’ve built long term relationships with ready, willing and able partners that like what we are doing. The bigger our market cap, the better the
capital at our disposal the more we can acquire and so on and so on…

What we're interested in? We like transportation and logistics. According to Forecast, between 2016 and 2027, overall freight tonnage will grow a total of 35%. Over that same timeframe, the amount of freight moved by trucks will grow slightly less at 27%. The industry went through a downturn but is recovering and we feel there are a lot of good values out there.

We like the financial industry, Community banks, advisories, wealth management. Being able to accumulate assets under management will improve our ability to self-fund additional acquisitions. Back in 2006-2007 Ray and I were putting together an investment fund to roll up community banks when the purchase prices were at 1 times book value. Unfortunately, the market crashed and we put things on hold. Certain geographic regions of the entertainment industry have tremendous growth possibilities. For instance China's middle class is growing at a staggering rate. China has been building cinema screens at a rate of over 10 a day for the past five years, rising to 27 a day this year. Production companies with emerging market focus are good fits with very high profit margins. This will also give us a nice platform for branding and public relations. Real estate such as Multi-family REITs will continue to be valuable assets as the cost of purchasing homes has increased at higher rates relative to incomes in regions that we follow. Many other areas of the segment are attractive such as Industrial and Infrastructure real estate.

What about daily press releases? As far as I'm concerned anyone who puts out daily press releases just to say something is probably a pump and dump scam in the pick sheet arena. We'll put out news when it's appropriate to say something and because we executed. We're not here to move pennies we're here to move real weight. If our investment strategy isn’t for you don't buy our stock.

In closing, we are excited about what we have planned for the near and distant future. Our board is working tirelessly around the clock to ensure CWIR is going to be up to par and far surpass the vision we have for it. We have a fiduciary duty to all our shareholders to perform at the best of our abilities and to be as transparent as possible. All our goals and interests are aligned…

Sincerely,

Harry J Orfanos

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