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Re: infamous post# 85943

Saturday, 08/24/2024 2:15:28 PM

Saturday, August 24, 2024 2:15:28 PM

Post# of 85951
Judging from the 10Q, Highwire is on pace to do $8 million. It seems like after the SGSI merger when there was just 10 million shares outstanding, they started doing well with $46 million in revenues. Mark increased the share count to 240 million and sold off every division....without buying back the shares that were proportional to that division. They got $10 million from the ADEX sale, $11 million from the sale this year, and a $10 million loan from the Kizer's that cost them 100 million shares. Let's face it, the channel partner program does not work, they need a sales force. This is in a competitive market. Finally, with only $8 million in revenues no company in their right mind is going to sign a 7 figure contract with someone that small. This thing is dying a slow death having Mark "Captain Ahab" Porter at the helm is going to sink us all. Except for Ishmael that was smart enough to get out.