$SGSI significant positive steps for the company over recent months, including nearly $8.8 million in new contract awards since April 1, approval by a Tier 1 wireless carrier for implementation of proprietary drone-based structural mapping technology services, and a major streamlining of the mechanical structure of the company’s issued equity through a reduction in outstanding common stock by over 216 million shares.

Mr. Ponder added: “We continue to track extremely favorably as we head into what is shaping up to be a strong back half of the year, with our gross revenue run rate topping $30 million on an annual basis for 2018 on average profit margins exceeding 25%. We will continue to aggressively seek to deliver income, value, and growth to our shareholders both organically and through strategic acquisitions and partnerships.”