Replies to post #44051 on High Wire Networks Inc (HWNI)

[junkHustler]

Is it any wonder why they have had to enter into toxic financings and lost a very important researcher?

Praying for grants is not a good business model. Hope Larry has his fingers and toes crossed..

A 180% interest loan of $50k? EcoMike, how come they can't get a bank loan at 8%? Jesus, $50k? Must have been a deal with an 'insider' .. I'd LOVE to loan money at that rate to somebody.

Also, it seems Alstom doesn't want to poney up more cash to see Phases 4 & 5 move ahead. Instead Mantra is applying for government grants. That's doesn't instill a lot of confidence in this shareholder.

GLTA & JMO

[Ecomike]

You are complaining about this?

"The holder of the note was also granted the rights to buy 100,000 shares of the Company’s common stock at a price of $0.15 per share until August 4, 2017. Subsequent to the August 31, 2015, the Company repaid $35,000 of the outstanding principal"

from the 10-K?

[Ecomike]

Sorry but the 10-Q and 10-K clearly show insiders loaning the company money at "zero % interest, and unsecured with no due date and no conversion to shares provision" that is even better than having the CEO buy shares at retail, putting up his own money!!!

[Ecomike]

If you had done adequate DD on the MVTG ERC, you would know that methanol has never been a major target product of the MVTG ERC since methanol is a very cheap low cost commodity already, thus not a high value profit target like the 30 billion dollar per year Syn Gas market.

Quote:Until appropriate cathodes are found some products of CO2 reduction (methanol, for instance) are obtained at efficiencies too low for practical use

That is not the case with formic acid, formates and syn gas as MVTG has stated repeatedly, going back 2009 for formic acid and formates.

[Ecomike]

Disastrous 10-k for an OTC start up is one that is not filed. This one is filled.

[Ecomike]

"Also, it seems Alstom doesn't want to poney up more cash to see Phases 4 & 5 move ahead. Instead Mantra is applying for government grants. That's doesn't instill a lot of confidence in this shareholder."

Do you have any real proof of that wild unsubstantiated claim sir? Alstom has been on board paying MVTG for 2 years now and is not going anywhere. The same wild eyed claims were made about phase 2 and phase 3 and proven to be false fear claims too. Why would Alstom stop at the end of a successful phase 2 and phase 3 where most of the cash was invested and not complete the cheapest phase, phase 4? That defies all logic sir. Phase 5 may be jump started by the Euro grant news we are waiting on right now that coudl be hours away, if not days....

Tic Toc!!!

[eiddle]

Bottom quote..ready made excuses to stay dark.

[floydborga]

Wait!!!! 180%???? WTF is 180%?? it has to be a typo, think it should read 18%... is that even legal?? This should be investigated, who is he taking this money from??