Recap of SGSI 2018
- January 10th- SGSI started the year removing 1.5 million of convertible debt
- January to March- SGSI acquired new contacts of of 3.5 million dollars.
- March 1st - SGSI acquired ADEX Corp a 20 million dollar a year in revenue company.
- March 13th & 20th- SGSI acquired additional new contracts of 1.2 million and 990 thousand dollars.
- April 6th - SGSI b]acquired new contracts of 860 thousand dollars.
- April 18th- SGSI management reduced outstanding shares by 124 million shares.
- April 25th- SGSI presented at the Planet MicroCap Showcase 2018 in Las Vegas, NV
- April 25th- SGSI acquired an additional 1.5 million dollars in new contracts
- April 25th- SGSI management Reduces Outstanding Common Stock by an Additional 92 Million Shares
- May 1st- SGSI acquired over $1.9 Million in New Contract Awards
- May 17th- SGSI acquired over $1.5 Million in New Contract Awards
- May 31th- SGSI Reports Over $750K in New Contract Awards and Approval for Use of Drone Technology.
- June 13th- SGSI acquired over $1.2 Million in New Contract Awards
- July 10th- SGSI acquired over 2.3 Million in New Contract Awards
- July 18th- SGSI acquired over $1.2 Million in New Contract Awards
- August 2nd- SGSI received 17 Month Contract Extension Award From Tier 1 Carrier
- August 7th- SGSI gained approval for its Patented Drone Tower Mapping Service from a National Tier 1 Carrier
- August 13th- SGSI acquired over 1.9 Million dollars in New Contract Awards
- August 30th- Director Hayter purchases 600,000 shares of common stock on open market
- September 10th- SGSI does 200 to 1 reverse split of common stock
- September 28th- SGSI awards Directors Ponder and Hayter 1.5 million shares of common stock each.
- October 9th- SGSI issued 520,000 shares of common stock to employees of the Company in exchange for services for the Company.
- October 12th- SGSI secures 5 million dollars revolving credit facility from Heritage Bank of Commerce. In connection with the financing, on October 10, 2018, the Company also issued a warrant to purchase 113,953 shares of the Company’s common stock at $1.25 for three years.
- November 8th- SGSI acquired over 1 Million dollars in New Contract Awards
- November 26th- (SGSI) Awarded Over $500,000 in New Contracts to Support Carrier Network Upgrades Across US
