High Wire Networks Inc (HWNI)

[drugmanrx]

Mini, let me know if I got this right, you should know better than anyone.

SGSI buys 3 subsidiaries with cash and convertible debt from ICLD.

CEO Roger Ponders has stated very similarity during the last convertible debt to share conversion as he did this time.

These seller notes have had a toxic impact on our stock price in recent months as portions of the notes were sold at a discount to face value and then converted into common stock at a discount to the market price. This forced conversion not only eliminated the ability of the holder to do that in the future, but the notes were actually converted at a substantial premium to the current market price.

Since the majority of the conversion debt was owned by ICLD, and it was ICLD debt last time that was conversed to shares, it would not be that far of a stretch to conclude that it was ICLD who has been destroying the share price.

Which is very interesting since co-founder of ICLD and former investor relation person and who I was told by a former insider has been secretly running SGSI all this time Larry Sands, personally told me that he held a very large position in SGSI before the first reverse split.


And now ICLD is majority owner of SGSI common shares and therefore has control of it's former subsidiaries.