High Wire Networks Inc (HWNI)

[Ecomike]

Ponder laid out his plan 16 months ago for SGSI, and he is still on target for the Nasdaq up listing first quarter of next year.

Unlike Plugger, he knows how to properly price new orders imho. Old contracts were priced by Icld. The recent PR said in black and white 12 million in new orders at 25% gross margin. IIRC the last 10-Q had a pathetic gross margin for old ADEX revenue. I think that has changed.

We will see in the next 2 quarterlies. In the mean time, the stock is already way oversold. So it has bottomed and no where to go up. Even fluff PR will blow it up with under 1 Million shares in the float.

Seen it too many times.

The big boys with a lot of the old debt have already traded for restricted shares at .01 which is $2/share now.

That is in the prior SEC 8-K and quarterly reports. They are not and have not been holding those shares to sell at .45/share or even $1/share for a 50-75% loss, and they know way more from the inside view about the future of SGSID, than we do. They are way longer on this stock than we are.

I also like the fact that SGSID does not need to create a marketing or distribution network or plan, or need to manufacture a product.

They are an engineering services telecom business in a sector that has a tight US full employment status with a meg billion dollar 5G deployment just starting to be rolled out.

Tic toc!!

I like my odds here a lot, that is why I own a lot of the company and I am buying more.