Replies to post #71548 on High Wire Networks Inc (HWNI)

[Ecomike]

And when it breaks .02 on the next run, it will start a wave of panic buying instead of selling as they realize it did not turn down at .02, and it will plow through the .03 and gather steam that takes it to a dime!! Seen it before!!!! In 2014 when I was the only one saying it was not going sub penny, but instead it headed to .75 from the 2011 low of .0068. Check the 2011-2014 charts, it went from .0068 to .75 on way less news and no revenue (yet)!!!!

[Ecomike]

Here is some of the recent math folks.

SGSI 3 years ago was valued at 45 million dollars. At that time investors had only bought and paid for about 8 million dollars in shares directly to the company.

Last year it bought a company. AWS from ICLD and paid 2 million dollars for AWS that turned zero revenue into 10 million/year in revenue and two quarters have reported over 2.5 mil in net profit since then.

They paid off 1.5 million dollars in old debt a few weeks ago.

They just paid 3 million in cash to ICLD for a second telecom engineering services firm ADEX, that is now 100% owned by SGSI. That added 20 million dollars a year the existing 10 million dollars a year of revenue.

Now they have a bank line of credit funding receivables (this is not convertible debt folks) of 5 Million dollars!!!

The market cap at todays price is only 2 million dollars!!!!

Multiple guess question!

Is the curent market cap

1) Over valued at 2 million dollars

2) WAY WAY undervalued at 2 million dollars?

It should be closer to 50 million dollars already!!!!

A bit over 10 cents a share would do that!!!!