Replies to post #81081 on High Wire Networks Inc (HWNI)

[Ecomike]

You lost me there?

It says as of Dec 31,2018 he owns 9.99% of Icld, thus owns indirectly, 10% of SGSI debt to ICLD, or did 4 weeks ago.

Amount beneficially owned :



71,294,720 shares of Common Stock


(b) Percent of class :



Based on 642,336,144 shares of Common Stock of the Issuer outstanding as of December 31, 2018, and 71,294,720 shares of Common Stock issuable upon the conversion of convertible notes beneficially owned by the Reporting Persons, the Reporting Persons hold approximately, but not more than, 9.99% of the issued and outstanding Common Stock of the Issuer.

I did not notice before that it was shares not yet issued at the time.

But it is super rare, almost non existent for a convertible debt entity to file something like!!!!

Are they making a statement of some sort by doing it? If so what?

I find this highly unusual.