Tuesday, January 15, 2019 5:56:29 PM
It is clear from the news release that SWHI is in a stage of preparation/negotiation defined as "Next Steps" in order for a definitive agreement to be implemented, and that such further details would be announced in Q1 2019.
The working relationship is therefore not yet operational, as SWHI itself made clear in the release. The introductory text is clear to any normal reader that the working arrangement is not yet in place:
The fact that SaaS Wireless has directed shareholder enquiries to the SWHI for clarification is not a denial. Instead, it respects the protocol of having SWHI communicate with its own shareholders, as a legal and practical matter. If anything, this is the second verification recently that SWHI disclosures are accurate. As stated and disclosed in the news release, there are choices, details, budgets and equipment, amongst other things, to finalize.
The news release sets out a context within which this expansion initiative and others are under development. This is exactly what shareholders would like to know is occurring.
Unfortunately, some parties are not content with the hard work and ethical disclosure by SWHI about its plans. They would like the company to pump the stock using schemes of various kinds. If that is what a trader is looking for, there are approximately 10,000 other choices available to them. SWHI has a good share structure, current information status, logical and exciting growth prospects and a broader set of initiatives to augment that growth. The controversy that some (few) parties are trying to stir-up artificially, illustrates exactly why the firm is careful in its public statements.
Thank you to SWHI shareholders who are accumulating at these low prices, both existing and new. The company feels great about the year ahead.
IA
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