High Wire Networks Inc (HWNI)

[Gargantuan]

Thanks for that number! So, roughly, SP has averaged around .45 since September. That's only $500,000 converted out of approx. $4 million in convertibles. If all $3.5 million left converts out around .20 then OS will be around 25million. Obviously a spike or drop would change this equation. Obviously massive dilution will keep tanking the SP and increase that number. I'm estimating here based on a finalized merger spike and a slightly positive 10k.

As you've said before, there are conversion floor considerations. I'm not sure that all of the debt can convert unless there's a default. That helps too. I do know ICLD sold some of the convertible debt to 3rd parties but perhaps some incestuous deal will negotiate even more with the Feb 27 due date coming up.

Also, with the $5million revolving credit, I hope that eases the need for future convertible debt financing and all that's left is to convert/pay down the existing convertible debt.

But with my last post about TNS with EBITDA of $1million and overall SGSI 4% organic growth in 2019, that would solidly put SGSI at positive operating revenue for 2019. Even to trade 25 million shares at 1x sales, about $40million (factoring in TNS and not including Wavetech), that would put the fully diluted SP at $1.50.

Not saying this outcome is inevitable but there's at least a pathway to SP increase. This is a pathway for new investors, sorry. Not those who held through the RS. But at least it could work out to be something positive. If it's a scam then it's a scam, idk.