Replies to post #48466 on High Wire Networks Inc (HWNI)

[drugmanrx]

I too would be concern if not .............

According to the 10Q, Mantra was counting on the grant money to fund Phase 4 and 5, with Phase 4 only costing $35k. Seems they didn't get the grant. Also seems that Alstom/GE doesn't see fit to put a measly $35k on the table to move things forward.

Alstom buyout by GE had not taken 6 months longer than Mantra anticipated.

10q reports activity ending Nov 30 2015, Alstom/GE closed Nov 7 2015.

As far as the grant, I understand Mantra did not get the Grant they thought they were getting in October.

It is my understanding since then they have put in for another grant proposal which they will hear the results (no guarantees) within a couple of months.

IMHO, Alstom was selling, so how much effort do we really expect them to put in something they weren't going to own.

GE just obtained the asset Nov 7, 2015, how much effort from them do we expect in such a short period of time.

We know that GE has interest that was proven November 27th 2015, it also proves that as of that date GE was on board in full filling the Alstom/Mantra agreement.

The 10q is the past and in reality basically what we all expected, let see what the future brings.

[Ecomike]

The huge MVTG ERC-Euro grant is still pending, not lost. I suspect that the takeover of Alstom by GE delayed the grant process.