High Wire Networks Inc (HWNI)

[ThisYear]

Spoke with SGSI Investor Relations:

I was told the following:

Intercloud will not be part of or associated with the new company, WaveTech.

WaveTech is valued over 100 million

For info regarding Wavetech, there is a link on the 2/4 8K. It's listed under the Exhibits - WaveTech Global Presentation

WaveTech is a private company but financials will be presented before the Merger.

SGSI shares will be carried over into new company

Plan is to eliminate convertible (toxic) debt in new company

R/S will based upon share price at time of merger. If SGSI is trading at .20, R/S will be approximate 1:25. If SGSI is trading at .50, then R/S 1:10 (not 1:300). Plan is to have new company trading at $5.00/share for Nasdaq listing.

Working on getting Institutional Investors to invest in new company.

Due your own DD and contact investor relations to confirm this info before conducting financial transactions.