Central Wireless Inc (CWIR)

[arogantnewt]

During my typical daily DD (google-fu) session, I came across some information I have not seen before that may be of interest any maybe related to the recently added Control Dispute.

I normally start by just straight up googling ticker symbols, so I google CWIR as I do basically everyday to punish myself, and I notice something I'm not sure I have seen before (please let me know if this has already been discussed). You can see it here:


I check the board for new stickies and nada.. so I keep digging.. trying to jumpstart my memory and nada..



Source: https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=35290899

So, I start searching for this guy Michael Merchant, their CEO, who is still current and active in that capacity. I've not seen mentioned up until this morning and I come across some more information:



So, I searched the board - I did find some mention of it back in September of last year, but it doesn't seem anything came of it. So, it seemed like old news.. but then I realize that was the same timeframe at which one of many Harry's "took control" of CWIR...

Now armed with this new possibility, I change my searches to CWIR, Mike Merchant.. Maybe I've just been sleeping for 2 years, but I am now seeing this guy listed as CEO on all sorts of different sources of CWIR, today. Still listed as CEO of CWIR.. so I note it and move on realizing that it's a monumental effort for all of these sites to keep up with so many shitty little companies, mistakes are are a give-in.

Here he is at Reueters:


https://www.reuters.com/finance/stocks/companyProfile/CWIR.PK
Here on stockopedia
https://www.stockopedia.com/share-prices/central-wireless-inc-OTC:CWIR/

However, this did get me thinking of the freshly added "Control Dispute" on the company info page.. so I search all of otcmarkets.com for other companies with that designation.

There's about 7 of them, you can do the same search by clicking here:
Google Search of OTCMarkets.com for only the words "multiple parties are engaged in a dispute over control of this comapany"

Of the companies that have this designation, there are only 2 that are NOT Dead/Defunct, Grey Market, or Stopped. CWIR is one of them, and of the 2, CWIR has the CE, the other does not. All of the other companies who have this Control Dispute are grey, dead, or stopped, and ALL have CE status. It seems like Control Dispute is a big red flag that something not so pleasant is inbound.

Now, back to Mr. Merchant, I cannot find any documentation to support him giving control of CWIR back to Kenneth Brand. Brand, is the one who transfered the company to weed schemers who then gave it to Harry I,II, or III, and maybe there's more, who knows at this point. My point being, I am wondering if Summit is still indeed a subsidiary of CWIR and if Michael Merchant is making a claim for the company against the Harrys.

Either way, none of this looks good. The continued lack of follow up from Duane Morris, PondelWilkinson, and last but not least, CWIR it's self is not comforting. Unless someone can clarify these points and can show that CWIR was properly transfered from Merchant I think I'm going to cut my losses and move on. I'm no longer a willing participant in this company and am only still here because I am stuck.. However I could get now and walkaway with enough to keep my pride.. my main concern now is this new Control Dispute note. Historically, it does not seem to end well for companies on the OTC.

Feel free to dispute, call me crazy, tell me you talk to a company rep 10x a week.. but the longer goes on the dumber I feel for letting my capital sit here and deteriorate when it could be doing something productive.

I've been a shareholder since 2013 with compariable holdings to what I see board people claiming to hold...

I'm giving management until the end of Thursday (hopefully we're not stopped or no bid by then!) to clarify this addition to the CE that they've made ZERO progress on in 3+ months and then I'm out.. come Friday it's going to be raining cheapies if they continue to be silent. This is where "no news is good news" dies for me. I hope I'm wrong for myself and the others here and I certainly hope that if any of this proves to be true that someone will take issue with it to punish the parties responsible in some fashion.

Just to reiterate, I've been here a LONG time.. waited a LONG time.. have remained positive for a LONG time.. but this is getting tired and the storm does not appear to be giving up. If you want to dispute my findings or theories please do, I encourage it, but do so with verifiable information not, "I just got off the phone with jesus and he said that the CE is coming down next week", gtfo with that nonsense. If you do this and it's substantive, I'll be more than happy to remove this post as to not introduce any more FUD.. God knows that's the last thing CWIR shareholders need at this point.

GL