Replies to post #22909 on High Wire Networks Inc (HWNI)

[Jeff12406]

Very necessary for a growing company but not sure was the news to propel us to $1 this week.....

[maybe_this_time]

Yep. If you read the quarters carefully, It's all there in black and white. Completely transparent. And I agree reasonable financing here. Things may completely change later this year. We shall see...

[koen2]

You could be right

These are the things we already know



13.
Subsequent Events


(a)
On March 1, 2014, the Company entered into an agreement with a consultant who will perform public relations services for €$3,500 a month for a period of one year. In addition, the Company issued 500,000 shares of common stock upon execution of the agreement.


(b)
On March 13, 2014, the Company entered into an agreement with a consultant who will perform services for $7,250 a month for a period of one year commencing on March 17, 2014. In addition, the Company issued 25,000 shares of common stock upon execution of the agreement and is to issue an additional 20,000 shares of common stock per month for the next 11 months.


(c)
On March 18, 2014, the Company issued 100,000 units at $0.12 per unit for proceeds of $12,000. Each unit consisted of one share of common stock and one share purchase warrant. Each share purchase warrant is exercisable at $0.20 per share of common stock for a period of two years or five business days after the Company’s common stock trades at least one time per day on the FINRA Over-the-Counter Bulletin Board at a price at or above $0.40 per share for seven consecutive trading days.


(d)
On March 18, 2014, the Company issued 685,000 units at $0.20 per unit for proceeds of $137,000. Each unit consisted of one share of common stock and one share purchase warrant. Each share purchase warrant is exercisable at $0.40 per share of common stock for a period of two years or five business days after the Company’s common stock trades at least one time per day on the FINRA Over-the-Counter Bulletin Board at a price at or above $0.80 per share for seven consecutive trading days.


(e)
On March 25, 2014, the Company entered into an agreement with a research and development firm who will design, engineer, and build an ERC Energy Demonstration unit for an estimated Cdn$360,000 over a period of approximately 24 weeks. The Company paid the initial deposit of Cdn$190,000, which will be applied to the last two invoices of the project.


(f)
On April 3, 2014, the Company entered into an agreement with a debt holder to settle the remaining outstanding balance owed for $30,000. Refer to Note 6(h).


So march 18

100.000 shares at $0.12 and 100.000 warrants already excerciced at $0.2 according the filling ,could be as soon march 25

685.000 shares at $0.20

This gives us already

$12.000
$24.000
$137.000

Total $173.000

Remaining warrants i think that are excecuted

1,120,550 0.20 March 9, 2014
2,025,000 0.15 September 11, 2014 $303.000
100,000 0.15 September 23, 2014 $15.000
2,925,001 0.20 December 11, 2014 $585.000
740,568 0.40 March 18, 2015
400,000 0.20 May 10, 2015 $80.000
31,000 0.40 May 30, 2015
935,794 0.20 July 15, 2015 $187.159
307,500 0.20 February 11, 2016 $61.500
50,000 0.40 February 11, 2016
1,631,500 0.15 February 18, 2016 $184.725
$80.000 (400.000 units at $0.2)
Bold are in my opinion excecuted

This gives us a toatal of $1.424.384$

Grand total with issued shares

$ 1.597.384 So i am close to that $ 1.700.000.(9.209.795 shares)
Next report and we know it all

This is an average price of $0.173.

With the influx in shareprice alot of warrants are excecuted and this is the result.

Probably no debt anymore and alot of cash in hand.

All positive in my opinion.


Correct me if im wrong.