HWI Global, Inc. (fka HWICQ)

[Helter Skelter]

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

On June 1, 2011 the Company initiated a Regulation D 506 offering for an offering amount of 1,136,363 of its common shares at the offering price of $.22 per share. Pursuant to the offering, the Company sold an aggregate of 613,617 shares for total proceeds of $135,000. The shares were sold pursuant to an exemption under Section 4(2) of the Securities Act of 1933. Proceeds of the offering were used for company operations.

In July 2011, we entered into an agreement (pursuant to Regulation S) with a private investor for up to $1,000,000 in equity funding. Pursuant to the agreement, we would sell shares of our common stock at a price of $0.35 per share, in tranches of $250,000 commencing August 15, 2011, and quarterly thereafter, subject to our ability to meet certain conditions, including, among other requirements, filing our quarterly and other reports with the SEC on a timely basis and other requirements necessary to maintain our OTC.BB listing in good standing. As of September 30, 2011, the Company had received only an aggregate of $150,000 towards the expected first tranche payment obligation. Subsequently, the Company received an additions $25,000 towards the first tranche. and the Company had placed an aggregate of 714,285 shares in escrow for release to the investor only upon payment in full of the first tranche. The investor’s representatives have advised the Company that they intend to continue making the required payments. However, the investor is in default of its obligations under the subscription agreement with the Company, and the Company is evaluating appropriate action against the investor, which may include litigation to enforce the agreement.

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There could be news about this arrangement or news about Abu Dhabi...or news from anywhere else...based on volume there IS news coming about something...positive...it appears.

You'll note that the CEO's (plus others in the company) surname is Arabic. He needs to pull the Abu Dhabi...string. Look for it...

JMO