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Saturday, December 3, 2022

Wialan Technologies, Inc., (OTCMKTS: WLAN) Major Blue-Sky Breakout as New Telecom Exec Meets Senior Leadership, Completes Product Reviews & Visits Company Plant

Wialan Technologies, Inc., (OTCMKTS: WLAN) is making an explosive move up the charts after the Company named T- Mobile executive Tony R. McDowell as its new CEO and Chairman of the Board of Directors of Wialan Technologies, Inc. Microcapdaily first gave the heads up on WLAN in our article on October 28 when the stock was $0.0045 range. 

WLAN rocketed to highs of $0.0106 in late October after Mr. McDowell was named special adviser followed by a brief shake to lows of $0.006. Since then, with the appointment of Mr. McDowell to CEO WLAN is once again rocketing northbound and has just surpassed the $0.0106 on a significant surge of volume. With that important resistance point behind it, WLAN is currently on a major blue sky breakout. 

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Wialan Technologies, Inc., (OTCMKTS: WLAN) is a next-generation wireless telecommunications and security system company poised for exponential growth from their five years of successful R&D, sales and installations of their impressive WiFi solutions spanning ten countries. Among the outstanding features available with Wialan’s wireless 802.11n 300 Mbps solutions is the capability of real-time live color video streaming for multiple simultaneous end-users, which can help companies with video on demand services to deliver their services wireless without using the Internet. In addition, its WiFi camera surveillance and public announcement components provide key on-site security coverage and protection. 

Wialan designs, builds, installs and operates industrial grade Wireless Access Points (APs), for both indoor and outdoor use. The units have an extensive coverage and can support a high density of users. The point-to-point capabilities provide an extended range, as the radios can be deployed in most frequencies, both (licensed and unlicensed) and public safety in the 4.9 GHz frequency spectrum. Once the wireless network has been deployed, the built in APs can provide wireless access for many types of communications and can support services, including, but not limited to the following: WiFi, Streaming, Video Surveillance, PA Systems, VoIP, and IoT connectivity. These Wireless Solutions have been deployed successfully in Convention Centers, Auditoriums, Stadiums, Large Office Spaces, Warehouses, Public Parks and Marinas. Most provisioned services have an existing customer base. 

Wialan recently acquired the exclusive license to build and sell a patented street light fixture that can host micro wireless devices, including cellular small cells for cellular operators, to significantly improve internet reception and connectivity from the reach of each street light pole. This product has been deployed already in a Miami Dade County city and in several sites in Mexico and is operating efficiently. The light fixture has the technology to host a variety of LTE devices and is also ready for the next generation of newer technologies, including 5G devices, as well as hosting Wi Fi devices and video surveillance equipment. The light fixture is manufactured in South Florida. The Company believes that this patented technology will substantially improve both connectivity and security in urban areas that presently suffer from insecure and unstable WiFi internet. The Company is developing plans to roll-out these devices in greater numbers to a variety of city locations, both in the U.S. and overseas, and these results are expected to be reflected during fiscal 2023 and increasingly thereafter. 

Earlier this year Wialan engaged Tony R. McDowell as a special adviser. Mr. Mc Dowell previously served as Senior Director Network Engineering and Operations for T- Mobile USA covering South Florida and the Caribbean. He comes with a wealth of telecom technical and operational expertise and relationships to support the Company’s future WiFi and Cellular development and expansion plans 

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WLAN

ImageOn November 8 WLAN announced the appointment of Tony R. McDowell as Chief Executive Officer and Chairman of the Board of Directors of Wialan Technologies, Inc. Mr. Mc Dowell previously served as Senior Director Network Engineering and Operations for T- Mobile USA covering South Florida and the Caribbean. He comes with a wealth of telecom technical and operational expertise and relationships to support the Company’s future WiFi and Cellular development and expansion plans. 

Reporting to Mr. McDowell will be Victor Tapia – President & Director; Reggie Bergeron -Company Secretary, Senior Vice President of Operations, & Director; Alan Bailey CFO & Director and Fernando Scazzi – Chief Technical Officer & Director. 

In joining the Company in this leading position, Mr. Dowell said “I am excited to join the team at Wialan Technologies, Inc. at this stage of its growth, with its proprietary patented products, especially its patented street light fixture that can host micro wireless devices, including cellular small cells for cellular operators. This patented technology will substantially improve both connectivity and security in urban areas that presently suffer from insecure and unstable WiFi internet. My focus will be to develop plans to further roll-out this and other innovative WiFi and cellular devices in greater numbers to a variety of city locations, both in the U.S. and overseas, in 2023”. 

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Currently trading at a $23 million market valuation WLAN OS is 2,668,561,474 with 603,545,935 in the public float. WLAN has small revenues, little assets and $0 debt on the books but what stands out about WLAN is the Company has not diluted a single share in many years. Right Now, is a really exciting time for the Company as T- Mobile executive Tony R. McDowell takes over as CEO and Chairman of the Board of Directors. Internet sleuths have also discovered that Wialan has an active CAGE code (an identifier assigned by the DLA to a business/org that wishes to pursue contracts/grants from the U.S. gov’t) which was updated in August. WLAN has just made a powerful up the charts breaking its previous high of $0.0106 and is currently on a major blue-sky breakout with little resistance to stop it. We will be updating on WLAN when more details emerge so make sure you are subscribed to Microcapdaily.

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Disclosure: we hold no position in WLAN either long or short and we have not been compensated for this article.

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