Replies to post #64700 on High Wire Networks Inc (HWNI)

[Deels0915]

Those are called preferred shares, which means they're restricted. That does not play into the authorized shares or the outstanding shares. Recent filings of shown that the AS has been 250M for quite some time now. They can increase their ownership in the company by a share buyback which i wouldn't see happening since they're acquiring a new company with additional preferred shares. Best of luck big guy.

[drugmanrx]

Yea your right they did tripled the AS of a company that had zero revenues, no commercial sales, barely on life support and tons of convertible debt and transformed it to a company with a minimum of 10 million in revenue, profits. no convertible debt and repeat paying customers, while keeping the core company(MEA) in operation.

There's shareholders that bought in when the OS was the size of the amount of shares they're giving to EACH of the new directors. Then tripling the AS.

If the AS never increased and Mantra closed the doors how much share holder value would those shares have?

Yea I see your point, you should be upset.

That's what I'd expect when shareholders have been screwed

SCREWED,RIGHT!