SGSI the bottom line: Revenue 2016 Zero Reve
Post# of 848
Revenue 2016 Zero
Revenue 2017 5.9 (from the 7 months of AWS)
Revenue of 1st quarter 2018 5.1 million
20 million dollar revenue per year ADEX Corp acquired late 1st quarter.
Company paid 3 million in cash up front for ADEX Corp
Outstanding share reduced 210 million 2nd quarter 2018 almost 50% of Outstanding.
CEO Ponder former head of Time Warner Kansas City division, a 1.2 billion subsidiary over seeing over a 1000 employees.
AW Solutions has renewed contracts (some over 20 years) with several fortune 500 companies such as AT&T, Sprint, Verizon and others.
MVTG acquired AW Solutions (Ponder and Hayter) only one year ago,
Ponders gives guidance of 60 to 80 million in revenue by end of 2018.
Hayter per Red Chip interview stated, SGSI is CURRENTLY reviewing additional acquisitions.
Dilution possibility has not changed, there were 750,000,000 shares authorized there is still 750,000,000 share authorized.
Original technology company, Mantra Energy Alternatives remains with the company. By itself had the stock trading up to 75 cents a share with revenue less than a million dollars.
Mantra Energy Alternatives holds patents on converting CO2 to saleable Chemicals (ERC)
Mantra Energy Alternatives holds patents and license on formic acid fuel cell (MRFC) and formic acid storage.
AW Solutions hold patent to drone mapping and site inspection for cell towers.
AW Solutions designs small cells for 5G applications.