High Wire Networks Inc (HWNI)

[micah211099]

I think a lot of what you surmised here is correct but the company has never really hid any of this. They've stated pretty plainly that they aren't to revenue generating stages and that they will have to continue to rely on share offerings to continue to generate revenue for operations. There hasn't been any in recent history in the 0.03-0.05 range though. Going back to the end of last year the shares have been bought in the 0.08 - 0.17 range.

I think if you're investing here you're investing with a fairly long term window in mind. I also do think though that with a partner like Alstom (looking to be fully commercialized with their CCS systems by 2015), if they like what they see here the commercial viability and practical application roll out, or at least its inevitably is going to happen quickly and given that there's not much float here I have no intentions of being on the outside looking in.

I wouldn't really worry about the cash at 5/31 though they raised another $150,000 in July through a share sale. Also the people buying shares in these type of private offerings generally aren't flipping them, the majority of the time in deals like these those shares they get are restricted for a good chunk of time.