Replies to post #31868 on Central Wireless Inc (CWIR)

[humbleboss]

Share structure is perfect, level 2 is paper thin. CWIR will reveal all in an orderly fashion. Multiple LOIs signed already and huge acquisition closing this month. So many amazing things in the pipeline.

[1234zxcv]

Here your answer, about why PINK? A question that has been asked is, why start on the Pinks? There are a few reasons, NYSE and Nasdaq
companies for the taking just don’t exist and if they do, the acquisition cost is probably close to around
$100 million. Starting from scratch with an S-1, fund raising, FINRA, IPO process is time consuming and
our story would have been lost in paperwork drafts and amendments. Going with the OTC market puts
us on a “fast track” and we are using this platform only as a stepping stone to building our shareholder
base, our financials, making sure our in-house compliance department is in order so when we decide to
up-list, we’ll be ahead of the curve. With the pipeline of companies we have signed to Letters of Intent
to purchase, we would meet the listing criteria with our initial acquisition. Are we going to apply right
away? Probably not, I’d like to build our consolidated financials first. We’d like to have some real size
and depth before considering.

[saladbar]

No, I did not. The CEO was impressive enough to me, as were his partners that he discussed at length that I did not even consider questioning their rationale behind one ticker or another. It is what it is. 20M O/S, 2B O/S or 20B O/S to me is irrelevant. CWIR. Buy, sell, do what you do. As for me, there's a meme on one of the posters here about sleeping like a baby as the owner of some CWIR shares, with the point being there are plenty of others that run the risk of keeping you up at night. Count me in that category right along with him. UF

[deafcone]

Call him yourself and ask.