Replies to post #61369 on High Wire Networks Inc (HWNI)

[junkHustler]

Mike. Just for the record.
Please tell everyone who the "Buyer" is in this filing statement:

(b) Management and Board of Directors Resignation. Prior to the Closing, the existing management and board of directors of Buyer shall resign, effective immediately upon the Closing.

(c) Management and Board of Directors Reconstitution. Effectively immediately upon the Closing, Buyer shall name Roger Ponder and Keith Hayter as (1) its Chief Executive Officer and President, respectively, and (2) the only two members of Buyer’s Board of Directors.

I cant even make this stuff up.

GLTA & JMO

[$UPERMAN]

Management and Board of Directors Reconstitution. Effectively immediately upon the Closing,
Buyer shall name Roger Ponder and Keith Hayter as (1) its Chief Executive Officer and President, respectively,
and (2) the only two members of Buyer’s Board of Directors.

Roger Ponder CEO

Keith Hayter President

Buyer $MVTG


What are we missing here, Mike??

[Porgie Tirebiter]

In the documents you mentioned "company" refers to AW Solutions, not $MVTG Mantra Venture Group!!!

From the agreement:

This ASSET PURCHASE AGREEMENT, dated April 25, 2017 and effective as of April 1, 2017 (the “Effective Date”), is by and among Mantra Venture Group Ltd., a British Columbia corporation (“Buyer”), and InterCloud Systems, Inc., a Delaware corporation (“Seller”).

Later in the same contract:

Prior to the Closing, the existing management and board of directors of Buyer shall resign, effective immediately upon the Closing.

It says resign. It doesn't say stay on as CEO.

How is it that the information being presented on a private call between management and one shareholder differs from the information being presented in the publicly released contract?