Replies to post #77649 on High Wire Networks Inc (HWNI)

[Ecomike]

Thanks brainiac54,

I too held and I was the one that bought this stock in 2014 at .75/share, the only one. I left $500,000 on the table, never sold.
I may have missed selling the top, but I did call the lows as buys and bought the lows, so I only got one side of the trade wrong :-)

No one, including the VP of Alstom Power knew or expected GE to slowly over 2 years drag out the Alstom Power/MVTG(Now SGSID) contract deal, and Alstom Power was 99% sure they would get the $5 mil dollar Eurozone grant to fund the MVTG/SGSID syn gas from CO2 reactor pilot plant. In fact Alstom Power was going to fund the pilot plant themselves if needed. So we had no reason to know GE was too broke and in too much trouble to follow through. GE was too invested in fossil fuel tech.....

And while we waited Larry hit up a good dozen other grant opportunities with applications. I think the Eurozone grant folks and or GE killed the grant. Europeans hate GE. Our own US DOE hate GE. Not sure of the history there, but when I had US DOE R&D grants the US DOE warned me to avoid letting GE get control of my technology if I wanted to get it to market. GE did romance me, but I went another route. And now I know why they told me to steer clear of GE. Mantra was between a rock and hard place the last 2 years with GE, they still had 2.5 years of contract time with GE, and the VP of Alstom who moved to GE was still trying to make other deals for Mantra till just a few months before Ponder took over. Have you ever watch the movie or read the history of the Canadian Avero Arrow super sonic fighter project and how GE-like politics killed that one? History repeats itself???

We got lucky with Ponder and Keith's take over of Mantra, now SGSID.

Thanks for the feedback. And thanks to Drugman for all the hard work he has done updating the introduction page here on SGSID.