High Wire Networks Inc (HWNI)

[Gargantuan]

There are a few differences between SGSI and ICLD. Similar management but...

1. SGSI is much more focused as a company. ICLD had everything from data storage to Netlayer to TNS. The random hodgepodge of subsidiaries hurt ICLD.

2. ICLD had much higher debt to revenue than SGSI has currently.

3. ICLD's competition was much higher. They were competing with Cisco and Amazon especially for network products and clients. SGSI doesn't seem to have the same level of competition in the telecom space.

Not that these points mean SGSI will survive or that management isn't crooked. But SGSI and ICLD are not equivalent. Until the SEC brings charges against Hayter and Ponder, it will be interesting to watch the ticker over the next few quarters.