High Wire Networks Inc (HWNI)

[sps50]

The stated in 10Q Convertible share floors for most of the financiers, ICLD or outsiders, is void if the company issues (converted) shares at a lower price or the loan payoff dates are missed. Thus new floors are established as the financiers play the force-it-down pps games just before the due dates or chosen convert dates.


Yes, a major good news impact is required along with not missing loan payoff deadlines, of which another is coming in April per 10-Q. The volume here is lately light but not representative of wide market sentiment. YEs, it is oversold. I guess someone had enough and dumped at .11 for a sizable loss.


Listening, management?