Replies to post #80921 on High Wire Networks Inc (HWNI)

[Ecomike]

Larry and Mantra Energy were the real deal.

Crude oil price free fall in late 2014, US climate change denial-ism, and GE's move on Mantra's partner Alstom Power, and love of fossil fuels (by virtue of all their fossil fuel linked power, and fossil fuel based energy holdings) is what killed Mantra Energy.

Toxic debt money that funded Mantra the last 2-3 years basically ended Mantra Energy as a public firm when they ran out of money and themselves needed bailing out, and they are the ones that were behind changing the operating business behind the Public stock symbol. They are also the ones that pialed on the additional massive convertible debt and failed, so far, to find a minimal dilutive or non dilutive way to pay it off.

If they fail much longer this will become a disaster we can call Icld 2.0 - failed again :-)

[drugmanrx]

April 2017 you had nothing but a company heading for bankruptcy.

Today you have -

- AW Solution with 11 million in revenue and a drone technology not fully launched yet

- ADEX Corp with 22 million in revenue

- Telnet Inc with 6 million in revenue

A CEO who transparently mapped out his plan.

Except for being off a few months behind in his timing he has been fulfilling that plan as outlined.

SGSI without any organic growth or acquisitions is on pace to do 40 million in revenue in 2019.

YES, there is convertible debt, yes there is dilution and probably more coming, but if you want to buy equity, it cost money and if you have no money it cost shares.

To say Ponder is not concerned about shareholders would be an incorrect statement.

Ponder purchased TNS inc for $1,620,000, using TNS Inc own sales, saving shareholders 1 million dollars of convertible debt.

So TNS inc ends of costing SGSI 2 million but 1.4 million of that is not being shelled out by SGSI shareholders.

At 6 million in revenue a year that is only one quarter of revenue, needed to pay the million dollar loan off.

[drugmanrx]

And you worry whether or no SGSI will succeed

PG&E stock nosedives after it says it will file for bankruptcy

There are no 100% safe investments.