Tower One Wireless Corporation (EM) (TOWTF)

Why the trading halt?

Why not dollars here this crazy what am I missing

thinking about getting into the pos what is your opinion i see your post like 2 years ago tx

$TOWTF Tower One Construction Update For the Month of February 2021
Press Release | 03/15/2021
VANCOUVER, British Columbia, March 15, 2021 (GLOBE NEWSWIRE) -- TOWER ONE WIRELESS CORP. (CSE: TO) (OTCQB: TOWTF) (Frankfurt: 1P3N) (“Tower One” or the “Company”) provides a construction update for the month of February 2021.

During the month of February, the Company has been able to complete eighteen (18) new towers and has a total of sixty-seven (67) towers under construction in Colombia, Mexico, and Argentina.

Tower One continues to support the efforts to deploy efficient telecommunications networks which lead to more connected and serviced communities across Latin America. Deploying new infrastructure to provide mobile internet coverage has a direct effect in reducing the digital gap of users and communities ensuring inclusion and improving the economic development.

A copy of the construction report for the month of February 2021 can be found in the Company’s web site or following this link:

https://toweronewireless.com/wp-content/uploads/2021/03/TOW-Construction-Update-Feb-2021-WebV1.pdf

About Tower One
Tower One’s principal business is to build, own and operate multi-tenant wireless telecommunications infrastructure (“towers”) in Latin America. Tower One leases space on its towers to mobile network operators. The Company is focused on the build to suit tower industry whereby a long-term lease is secured with a tenant prior to building a tower. The Company operates in the three largest Spanish speaking countries in Latin America (Colombia, Mexico and Argentina) with a combined population of approximately 220 million people.

Contact Information:
Corporate Communications
Tel: +1 917 546 3016
E-mail: info@toweronewireless.com
Website: www.toweronewireless.com
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.

FORWARD LOOKING STATEMENTS

Certain statements in this release are forward-looking statements, which include regulatory approvals and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. Forward-looking statements in this news release include statements regarding the Company’s expectation of obtaining the acceptance of new towers by the Company’s customers. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific that contributes to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. Forward-looking statement are necessarily based upon a number of factors that, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements express or implied by such statements. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, the impact of the ongoing COVID-19 pandemic, present and future business strategies, the environment in which the Company will operate in the future, and other factors, many of which are beyond the control of the Company. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. The Company assumes no obligation to update any forward-looking statements or forward-looking information referenced herein, whether as a result of new information events or otherwise, except as required by applicable securities laws.

Looks like going to the 20 area

I gave you a F look more important haha I hang with you
I got in at around 4 a year or 2 ago

I dont know i bought it for like 20 cents 3 years ago. It was moving via pump and then it just sat at 3 cents for years. The last couple weeks it looks to be moving again

How hi can this go?

Looks like there is finally life in this one again

Anybody around. ??

I like this company!! I’m hoping 4th quarter and 2021 will be huge for Tower One Wirelss!

As industry moves to 5G and deals with exploding traffic towers losing favor.
Small-cells on existing structures (buildings and dwellings) and "street furniture" are the trends now and well underway even on 4G. Look to American Tower and Crown Castle to see their reaction and steps they've taken to change with the needs of the carriers. You'll find it in their annual reports! Also COVID-19 recovery will keep US investment at home for the foreseeable future so don't see big US players buying up towers internationally.

agree interesting stuff

hey whats up.. im long term holder here waiting for buyout from bigger company. i feel as if this has nobody looking at it there for thats why its done nothing... 2020 could be break out year. ?

what do you think ?

anybody around to discuss this company

Q1 is out https://thecse.com/en/listings/technology/tower-one-wireless-corp

Said and meant 4G not 5G.
Tower business changing due to 4G. Simply stated to get LTE speeds to and from smart phones and tablets requires tower to be closer to handsets. It's physics and doesn't matter where it is. So small-cells now the flavor of the day. Small or no towers (co-locate on structures) and cost has dropped considerably down to $75K US for entire cell site including the radios and antennas. Crown Castle investing heavily in the space. The future is all about data traffic and it is growing at an annually compounded rate of 20-40% depending upon what part of the world you're in. So driven by solid organic growth. Companies like Gilat and other network vendors sweeping in building and operatiing networks for the incumbent carriers. Towers or "steel-in-the-air" is yesterday's news!

Audited financials are out

https://webfiles.thecse.com/Towered-Q4-MDA.pdf?ivBpcc5NAdb5KhUPtyKIPQC_lHjl4Dvl

https://webfiles.thecse.com/Towered-Q4-FS.pdf?ybp0JK0x0g6odMrFF_VFgvBZoFPNLOVp

I think you meant to say 5G?

You make a valid point. Another area of concern for me is Argentina's rate of inflation and how that will effect income, profits and exchange rates.

Of course the fact that trading has been halted, does not give one any fuzzies as well.

TOWER ONE Cease Trade Order Due to Late Financial Statements

8:53 pm ET May 7, 2019 (Globe Newswire) Print
TOWER ONE WIRELESS CORP. (CSE: TO) (OTCQB: TOWTF) (Frankfurt: 1P3N) ("Tower One" or the "Company") announces that a cease trade order has been issued against the Company by the BC Securities Commission because of the Company's failure to file annual financial statements for the financial year ended December 31, 2018, together with the related MD&A and officer certifications (the "2018 Annual Filings") by April 30, 2019. As a result, the Company's securities have been halted from trading on the Canadian Securities Exchange.

The late filing of the 2018 Annual Filings is due to delays in receiving the financial results of one its subsidiaries. Tower One expects to correct all associated deficiencies and file its 2018 annual financial statements by no later than May 13, 2019. Revocation of the cease trade order is expected to occur within a couple of days following the filing of the 2018 Annual Filings.

Tower business changing due to 4G. Simply stated to get LTE speeds to and from smart phones and tablets requires tower to be closer to handsets. It's physics and doesn't matter where it is. So small-cells now the flavor of the day. Small or no towers (co-locate on structures) and cost has dropped considerably down to $75K US for entire cell site including the radios and antennas. Crown Castle investing heavily in the space. The future is all about data traffic and it is growing at an annually compounded rate of 20-40% depending upon what part of the world you're in. So driven by solid organic growth. Companies like Gilat and other network vendors sweeping in building and operatiing networks for the incumbent carriers. Towers or "steel-in-the-air" is yesterday's news!

Very informative. Thanks!

http://epsteinresearch.com/2019/04/11/tower-one-wireless-the-blue-skys-the-limit/

Tower One Wireless, the Blue-Sky’s the Limit!
by Peter Epstein, MBA | posted in: Argentina, Colombia, Mexico, Tower One Wireless | 0
**Figures in C$ unless otherwise noted, tower valuations & financial metrics are estimates only**

In a past life, I was a corporate bond analyst. The Big 3 wireless tower leasing companies, American Tower [NYSE: AMT], Crown Castle [NYSE: CCI] & SBA Communications [NASDAQ: SBAC] were low-rated entities, even by junk bond standards.

Here’s a quote from Moody’s initial bond rating of Crown Castle in 1997,

“Moody’s has assigned a B3 rating (low end of junk credit) to Crown Castle’s US$100M notes due 2007. The ratings reflect the high level of debt relative to near-term cash flow; revenue concentration with 2 customers; and the expectation of future acquisitions, which will likely maintain high debt leverage… “

Tower One Wireless, [CSE: TO] / [OTCQB: TOWTF] is a telecom infrastructure company with a market cap of $7.5M (as of April 8th, 93.4M shares outstanding, < 96M shares fully-diluted). This Company reminds me of Crown Castle 22 years ago. As of the end of March, Tower One had a total of 82 towers in Argentina, Colombia & Mexico. 18 had 2 tenants on them. So, there are 100 paying tenants. On average, each tower has 1.22 tenants. Therefore, the “co-location” rate is 22% or 1.22x. Another 31 towers are under construction.


Tower One Signs Blockbuster Development Deal for 150 New Towers

Management recently generated $3.4M in non equity-dilutive working capital by selling 23 towers in Colombia for 15 times Tower Cash Flow (“TCF“). Tower One built them for US$900K, and sold them for US$2.6M. The Company just signed a development deal with a Third Party for the construction 150 towers in Colombia & Mexico. This is perhaps the biggest event in the Company’s history. US$1.8M has already been advanced. Funds drawn down have a 0% (zero) interest rate and there are no debt covenants. Instead, milestones dictate the release of funds. There’s no cap on how much the Third Party will advance.

The Third Party will purchase towers from Tower One at 15x TCF in the first year. Then, for a period of 2 years, the Third Party will pay 10x TCF for every additional tenant that lease the towers. TCF is 80%-85% of gross tower rent. It costs Tower One $85K to build a tower. It can sell it to the Third Party for $148.5K ($1,000 rent x 12 months) times a 82.5% TCF margin = $9,900 in annual TCF. $9,900 times a 15x multiple = $148.5K/tower. Plus residuals, or earn-outs of 10x TCF for additional tenants. If on average the sold towers were to have 1.2 tenants after 24 months, that would be an incremental $19,800/tower, for a total of $168,300. At 1.3 tenants/tower, it would mean an extra $29,700/tower.

This is an attractive deal for both parties, the Third Party gets cash-flowing towers where the heavy lifting has already been done and at an attractive price. Tower One benefits as it could end the period (after selling 150 towers) with several million in cash & minimal debt. Management will then be in a position to obtain longer-term, lower-cost funding from a wider range of entities. Tower One will keep the towers it builds using its longer-term funding, allowing those assets to grow more valuable. {see What Might a Tower be Worth? section below}

Despite my enthusiasm, it’s far from certain that this Company will thrive. Management needs to execute, which has been a big problem because Tower One has been underfunded & understaffed. If management can arrange steady, multiple-year funding from this Third Party and other sources, they will be able to focus on what they do best… building & leasing towers!


?Co-location Offers Huge Incremental Margins

Co-location is the secret sauce of the tower leasing model. 90%+ of the total cost for 2 or 3 co-located tenants, is incurred at the time the tower is built. The incremental margins are huge. Unused space available to host a 2nd or 3rd tenant is a valuable intangible asset. Tower One’s structures cost $80,000-$90,000 and can accommodate up to 3 tenants. Each tower is, “built to suit,” meaning that an anchor tenant is in place when the structure is completed. Contracts are long-term; 5-10 years, plus multiple 5-yr. options. Contracts are typically, “take-or-pay.”

Argentina, One of the Best Markets in the World

Argentina has a lot of tower infrastructure catching up to do. The economy languished under the previous government that was unfriendly to foreign enterprises (including wireless carriers, like Claro – Mexico and Telefonica – Spain). As a result, Argentina is one of the best markets in the world to be a builder of telecom infrastructure. Consider this commentary from last year….

Quote, Olivier Puech, CEO – LatAm, American Tower:

“Two critical factors pushed American Tower to enter Argentina. We are talking about a country which is lagging behind in the deployment of 4G, the densification of infrastructure & fibre connectivity. With about 15,000 existing sites, we estimate that at least 10,000 more are needed in the next few years to bring the level of coverage & capacity up to regional standards.”


10,000 new towers, split among 8 builders, over 3 years… that’s 417 towers per year, per builder. If Tower One could build 10/month in Argentina, (120/yr.) that would be a tremendous accomplishment, potentially setting the stage for a higher valuation. Mexico is also a strong telecom market, consider what a senior executive from American Tower said at a UBS event on 12/4/18,

“I think Mexico has probably been our best international market over the last couple years from a growth rate perspective, driven by the deployment of 4G… So we think there’s a solid trajectory there, where you’re going to be able to sustain mid-teens organic growth…”

And, from American Tower’s February earnings call,

“…In Latin America demand remains strong with carriers focusing on improving & extending 4G networks…. we expect new business additions to increase by ~10% year-over-year. Given the acceleration of network densification needs for 4G, we’re excited about our build-to-suit program. Our outlook implies new builds in LATAM will increase by > 50% versus last year. International growth was supported by significant network spending by tenants across our footprint, especially in key markets like Mexico…Our teams down in LATAM are really excited about the levels of investments that are being made all over the region…“

What Might a Tower be Worth?

How much might a tower with a lifespan of 20+ years be worth? It’s reasonable to assume that the co-location rate will increase over time, but by how much and how quickly? In the chart below, I show that at $1,000 rent per tenant, per month, annual revenue is $12,000. For (an average of 1.1 tenants / tower, a co-location rate of 10%) annual revenue would be $13,200/yr., and it would be $14,400/yr., for (1.2 tenants / tower, a co-location rate of 20%), etc….

With annual revenue per tower currently $14,400, we can estimate the value of the Company’s towers. $14,400 x a 82.5% TCF margin x a 15x TCF multiple = $178.2K. The Company has 82 towers x $178.2K = $14.6M, just shy of twice the current market cap. {See chart below). Look at the valuation metrics for AMT, CCI & SBAC. The average multiple of (trailing 12-month) EBITDA, a proxy for cash flow, is 24.5x.


I assume an annual 2% rent escalator increases rent to $1,061 / month / tenant in 3 years, and the towers have an average co-location rate of 1.4x (40%) at that time. In 3 years, a tower at a 15x TCF multiple might be worth $220.6K {see chart above}. Three more years of +2% increases and the rent might be $1,126/month, and the co-location rate 1.6x (60%). In that scenario, a tower could be worth $267.5K. The point of this exercise is not to precisely say what a tower will be worth, but to show that increasing rents & co-location rates have a multiplier impact on tower valuations over time.

Despite the compelling math of potential tower valuation, timing is a big risk factor. If management were to take down a lot of debt, but then was delayed in their tower buildout, that would be a BIG concern. There have already been delays over the past 18 months. Some towers that were in backlog fell out of backlog. Luckily, the Company has a modest debt balance.


Tower One’s Mgmt. Team & Select Board Members

Alejandro (Alex) Ochoa, President, CEO & Director

Mr. Ochoa is co-Founder of Tower One Wireless. He has > 18 years’ experience in financial services, working at Morgan Stanley Dean Witter, Prudential Securities & Raymond James. Most recently he served as consultant to Mackie Research Capital Canada’s Investment Banking Practice with a LATAM focus. Over the past 6 years, he helped start 2 other Tower companies. Dedicated to LATAM, his areas of expertise include mining / energy transactions in advisory, capital raises & strategic asset sale roles with transactions in Colombia, Mexica & Peru. He has covered Telecom Infrastructure Companies from the U.S., Argentina & Colombia. Mr. Ochoa is fluent in Spanish and understands South American Capital Markets.

Luis Parra, COO

Mr. Parra was a Co-Founder of Ingeant SA. He currently co-manages the operation of Ingeant SA iColombia and advises companies on the development of infrastructure projects. Parra worked at Ecopetrol with responsibility for the Barrancabermeja refinery and managed the operation of QMC-TELECOM in Colombia. Luis has worked throughout South America, managing various operations in the Dominican Republic, Peru, Costa Rica, Panama & Colombia. He has a civil engineering degree and a degree in Finance & Project Evaluation.

Santiago F. Rossi CFO

Mr. Rossi is a senior financial & business development executive with a history of success in challenging global business environments. He has > 20 years’ experience in demanding positions with international telecom, tech and oil & gas corporations. He’s recognized for his sound decision-making ability and a proactive approach. Mr. Rossi has a solid record of success in M&A, including leading negotiations & managing people, processes & systems integration. He has managed equity financings & exit transactions with PE firms & international financial firms. He has been a key contributor to the buildout of the world’s leading provider of global satellite-based connectivity & media services for mobility markets on land, sea & air, serving > 400 corporate clients in > 120 countries.

Rolland Bopp, Advisor

Mr. Bopp has an extensive background at senior levels in telecom, including as Chairman, President & CEO of Deutsche Telecom Inc. New York, and Executive VP, and member of the operating board of Mannesmann Corp. in New York, NY and Düsseldorf, Germany, a US$ 20 billion global engineering & telecom service company.

Octavio De LaSprilla, Country Manager (Colombia)

Octavio De LaSprilla was formally COO of Continental Towers. He helped expand the portfolio to over 200 towers in a 2-yr period. His role today is the interface of Tower One with the 4 principal wireless telecom operators of Colombia.

Carlos Reyes Regional Director – Latin America

Mr. Reyes has extensive telecom-related operational experience including building BTS towers throughout Colombia. A former C-Level executive at LatAm based wireless & satellite communications companies. Mr. Reyes’s previous work experience includes managing Torres Unidas infraestructura Colombia – a subsidiary of Torres Unidas Group.

Robert “Nick” Horsley, Director

Mr. Nick Horsley has > 13 years’ capital markets experience in finance, investor relations, marketing management, merchant banking and M&A. Mr. Horsley has served as a Director and a consultant to several public & private companies and has worked in a variety of industries including: consumer goods, energy, nutraceuticals, pharmaceuticals & technology.

Fabio Alexander, Director

Mr. Alexander is Founder & CEO of Executive Investment Partners LLC; a diversified investment company based in Miami, Florida with holdings in various industries including Aviation, Mortgage Banking, Technology, Insurance, Real Estate & Retail Services.

Conclusion

Data usage is soaring the world over, analysts forecast it doubling or tripling in 5 years. The wireless business is booming. But, there can’t be a boom without substantial growth in underlying telecom infrastructure. The upcoming switch to 5G might be a few years off in Tower One’s markets, 4G upgrades are in full swing. Argentina is in great need of new towers. Tower One Wireless [CSE: TO] / [OTCQB: TOWTF] is an up-and-coming leader in Argentina.

The Company signed a very important development deal with a Third Party to build and sell 150 towers, an attractive deal for both parties. Will 2019 be the breakout year for Tower One? Will there be months where 20 or 30 towers get built? If so, a market cap of $7.5M is far from aggressive. A company that could get taken out in 2020 or 2021 by a growing list of potential suitors. Top on the list could be the Third Party who has done their homework and has committed a considerable amount of time & capital to Tower One.

Disclosures: The content of this article is for information only. Readers fully understand and agree that nothing contained herein, written by Peter Epstein of Epstein Research [ER], (together, [ER]) about Tower One Wireless, including but not limited to, commentary, opinions, views, assumptions, reported facts, calculations, etc. is to be considered implicit or explicit investment advice. Nothing contained herein is a recommendation or solicitation to buy or sell any security. [ER] is not responsible under any circumstances for investment actions taken by the reader. [ER] has never been, and is not currently, a registered or licensed financial advisor or broker/dealer, investment advisor, stockbroker, trader, money manager, compliance or legal officer, and does not perform market making activities. [ER] is not directly employed by any company, group, organization, party or person. The shares of Tower One Wireless are highly speculative, not suitable for all investors. Readers understand and agree that investments in small cap stocks can result in a 100% loss of invested funds. It is assumed and agreed upon by readers that they will consult with their own licensed or registered financial advisors before making any investment decisions.

At the time this article was posted, Peter Epstein owned no shares in Tower One Wireless and the Company was an advertiser on [ER]. Readers understand and agree that they must conduct their own due diligence above and beyond reading this article. While the author believes he’s diligent in screening out companies that, for any reasons whatsoever, are unattractive investment opportunities, he cannot guarantee that his efforts will (or have been) successful. [ER] is not responsible for any perceived, or actual, errors including, but not limited to, commentary, opinions, views, assumptions, reported facts & financial calculations, or for the completeness of this article or future content. [ER] is not expected or required to subsequently follow or cover events & news, or write about any particular company or topic. [ER] is not an expert in any company, industry sector or investment topic.

they moved on from that, too dilutive. they got a better deal via JV, no dilution and interest free financing.

What is status of $30M raise through Raymond James?

Looks like Big Money is in our future!!!

Anything legit here or just another penny stock?

$TOWTF

Towers Sold - 23
Cash Received - US$2.6M
Actual Sale/tower - US$113,043.48

No. of towers currently - 82
Value of Towers based on actual sale price - 82 * 113,043.48 = US$9,269,565.22
Cash received - 2.6M
value of company excluding debt - US$11,869,565,.22
Estimated amount of debt - US$3,007,518
Value of TO less Debt - US$8,862,046.42
Cash flow from 100 tenants - US$602,669.17/year
Fully diluted shares - 102,004,647
Value of TO/share - US$0.09/share, including cash flow - US$0.093/share
convert to canadian - 1.33*0.093 - $0.123/share.

so, that's my current valuation as of now. this does not include the 1.8M infusion by the third party or the 150 plus towers to come in the near future.

i am a buyer at any price now. this company has just validated itself by actually selling real towers and by having a third party fund them to do a Joint Venture.

https://www.globenewswire.com/news-release/2019/04/04/1797008/0/en/Tower-One-Secures-Financing-for-150-Towers.html

This has so much potential.

Of course potential is nothing without execution. That said, it looks like we are moving in the right direction and I'm hoping that things will begin to snowball from here. LOTS of money to be made in this industry!!!

Tower One Appoints New Chief Financial Officer

https://finance.yahoo.com/news/tower-one-appoints-chief-financial-130000142.html

VANCOUVER, British Columbia, March 01, 2019 (GLOBE NEWSWIRE) -- TOWER ONE WIRELESS CORP. (CSE:TO) (TOWTF) (1P3N.F) (“Tower One” or the “Company”) announces it has appointed Santiago F. Rossi to the position of Chief Financial Officer (‘CFO’).

Mr. Rossi is a senior financial and business development executive with a history of success in challenging global business environments.

He has over 20 years of experience in highly dynamic and demanding positions with international telecommunications, technology and oil and gas corporations. Described as a persuasive and tenacious business partner, he is recognized for sound decision making ability, a proactive approach to support and motivate others, and has led consensus building initiatives in diverse multicultural environments.

Mr. Rossi has a solid record of success with M&A roles, including leading several negotiations and managing people, processes and systems integration. He managed equity funding and exits transactions with PE firms and international financial institutions.

He has also been a key contributor to the successful build-out of the world’s leading provider of global satellite-based connectivity and media services for mobility markets on land, sea and air, serving more than 400 corporate clients with 6,500 aircraft, 1,600 vessels, 100,000 cruise ship cabins, plus thousands of land based sites in more than 120 countries.

“We are excited to welcome Santiago as our new CFO,” said Tower One’s CEO Alex Ochoa. “Santiago brings extensive financial, operational and strategic experience. This, combined with his knowledge of the telecommunications industry and experience scaling high-growth global companies, will be a huge asset to Tower One as we enter our next phase of growth.”

Notably Mr. Rossi’s relevant telecommunication experience includes the role of CFO at Emerging Markets Communications, now Global Eagle Entertainment, for seven years. His role included overseeing all accounting, financial planning, treasury, legal and IT functions for EMC and its subsidiaries in Europe, North and South America, the Middle East and Africa. He joined EMC in 2006 as Corporate Controller. With a strong background in Corporate Finance, Accounting, Planning and Control and a passion for Business Development, Mr. Rossi has managed transformative industry programs and multiple acquisitions, resulting in notable business growth for EMC.

Additionally, Mr. Rossi was Impsat Fiber Networks, Inc., now Century Link Corporate Finance Manager. Impsat was a leading Latin American telecommunications provider and in his role he was responsible for the financial supervision of the HQ and operating subsidiaries across Latin America.

Mr. Rossi will succeed Abbey Abdiye, who will be taking the role of Chief Accounting Officer.

Join the club 2late. however, i have been adding at current prices. to me the company seems undervalued here.

What's happening here???? LOST 65% of my investment and it keeps dropping. Management best be getting the word out somehow to attract investors or they'll lose the ones they've been depending on! GLTA

Another batch of bonds bought to continue the growth.

https://webfiles.thecse.com/35929595_1_Tower_One_-_CSE_Form_9_Final_-_October_November_2018_closings_OM_Bonds_.pdf?Lddmpsl69qnfQynFMOFgDh4mH6jSQHWZ

https://webfiles.thecse.com/2018-12-05update.pdf?E85Jm0JkYeYHQx7SCiYwTNjwJsH5eUDN

Insider buying has begun

October update has us at 63 completed towers now. 16 towers going up in Mexico. $TOWTF

Two more towers in Colombia going up and it seems 3 or 4 towers have started in Mexico!! $TOWTF

https://www.facebook.com/pg/toweronewireless/photos/?tab=album&album_id=805387776298105

Good luck to you both, hope it works out.

No I’m still here... been averaging down... they will probably pump this up again... if so I’ll probably sell when I’m green again. But back in after dust settles. Still believe this will thrive one day. GLTA.

ok, seems i might be the only one here now then. i might be adding more.

I bailed on this one and sold all my shares at about $.08. This upcoming $30M dilution is huge. $30M in equity is hundreds of millions of new shares. We have no buyers at $.08 so they are going to have to give a decent discount to get it done. Not going to wait around for this thing to go to a nickel or below. Best of luck to everyone here, I hope I'm wrong. I may get back in some day on the way back up.

New Investor deck for $TOWTF https://www.sedar.com/CheckCode.do

TowerOne raising $30M with Raymond James as sole booker

Not alot so far, but better than nothing.

https://webfiles.thecse.com/Tower_One_-_CSE_Form_9_October_2_2018.pdf?mBySonZY7MIuE5r1wIDk5faqg3NI5Jnv

$CAD 274,900.00 in funds raised so far for $TOWTF.

Revised Annual Information Posted on $TOWTF

https://webfiles.thecse.com/investorx/TO/1810011622147689.pdf?BHmYZpPG60BvcdY92AL7JVg8J9PaM9Sj

At present TO has 490 in MLA backlog. Assuming US$75K/tower, then thats US$36.75M to buildout the backlog.

Lets say they get the $10M Bond, now i have no idea if this is Canadian or a USD bond. i will assume canadian. so, 10M CAD is around US$7.6M.

this then leaves US$29.15M left to find.

Assuming the worst case financing at say US$0.10/share or CAD$0.13/share, then that will be 291.5M more shares for a total of 384.84M shares (sounds horrible).

So, now that the financing is complete, with the backlog of 490 towers, add that to the 50 we have currently, then over time gives us 540 towers. Assuming, 30% colocaiton, then out of the 540, we have 162 colocated.

So, assuming we have no more build outs or additional financing or backlogs and just work with this for now, then TO's value works out to be around US$0.323/share when using the 15 times TCF valuation.

this assumes that when they have all this dry powder they still build towers for 75K, which i doubt. i am sure with mass buying of materials, they could drop tower builds to 65K.

i dont think financing will be done below 15cents/share canadian. cause if that was the case, we should have raised money a long time ago. so, this dilution count could improve, which in turn improves the future value per share.

just my thoughts on equity financing if it comes.

$TOWTF
Lots of posting by TO on SEDAR, AIF, Intent to file short form prospectus and something on warrants.

$14.5K moved this stock 18.8%. imaging if someone wanted $100K worth? LOL, illiquidity.

$TOWTF 50 towers now and 15 Colocations

https://finance.yahoo.com/news/tower-one-september-120000749.html

Big moves now, Raising 10M in bonds https://webfiles.thecse.com/Tower-33801571_1_Tower_One_-_Final_CSE_Form_9_-_August_2018_.pdf?VDMA5t1nQ2yy1GCNduOG0k6vEhrd2f1C

Should be market moving.