Replies to post #75258 on High Wire Networks Inc (HWNI)

[drugmanrx]

Very funny that you ask those questions today.

I just sent an e-mail to Ponder yesterday asking those same exact questions.

No reply yet.

[wedman]

It certainly does not make sense. Unless they wanted to tank this and get cheaper shares. Who knows. Not me.

[WhaleEye]

Rush to NASDAQ? I keep hearing this but really, think about it. RS @ 200/1 does not get you to NASDAQ required $1 level.

The real hammer is coming... Board puts out a possible 200/1 R/S late in the day (it will happen) but next day a new $2.3 Million in new contract award that states "set to be realized" (not set in gold yet} during Q3 and Q4 2018 reporting periods, but never who with. This is fish bait thrown out by them to keep you from selling.

How about "Three Shots of whiskey and a valium" to let reality sink in.

[Ecomike]

He may be merging SGSI with a Nasdaq company and they may want the R/S first?

Or he may have real non toxic debt financing offers that are based on uplisting to Nasdaq first.

It is way easier to support stock prices on Nasdaq than on OTC, major deep pocket investors (not day traders but real long investors)will never buy and hold an OTC stock.

Ponder wants to get the market cap up 100 Mil dollars, that will not happen on pink sheets or using OTC style financing.

I have been in .0010 stocks that did a R/S and uplisted to Nasdaq. One is a biotech that go over $18, but started at $4 after the R/S, dipped to $2.50 briefly with no volume then ran...