High Wire Networks Inc (HWNI)

[drugmanrx]

TNS INC acquisition shows it plain and simple.

They had a chance to save it. Now seems all they planned to do was print a 100 billion shares in repeat R/S scams

- management admits debt is what keeping the share price down especially convertible debt,

- TNS INC cost was a million in cash and 600,000 in convertible debr at a dime conversion price.

- the million in cash was a SECURED LOAN with rather high interest but was being paid with TNS own receivables, thus adding no cost or burden to the company or the shareholders.

- Wavetech gives SGSI one million dollars

- SGSI pays off the secured debt, not the convertible one

Does that benefit the share holders? NO

Who does it benefit? The most ICLD

To me this proves SGSI management works for ICLD not the SGSI shareholders.

Remember the SECURED LOAN WAS BEING REPAID WIYH TNS INC RECEIVABLES.

The secured loan was paying for itself at no new expense to the company or from the company pre TNS core companies.

Meanwhile the 600,000 dollar convertible debt POTENTIALLY COST THE SHAREHOLDER ONE HALF THE COMPANY'S STOCK ADDING 6 MILLION SHARES TO THE OS.