13D Filing: Nokomis Capital and Widepoint Corp (NYSEMKT:WYY)

Page 6 of 8 – SEC Filing


Item 5. Interest in Securities of the Issuer

(a) The aggregate percentage of Common
Stock reported to be owned by the Reporting Persons is based upon 82,814,322 shares of Common Stock outstanding, which is the total number of shares of Common Stock outstanding as of March 30, 2017, as reported in the Issuers Form 10-K
filed with the Securities and Exchange Commission on March 30, 2017.

Nokomis Capital, as the investment adviser of the Nokomis
Accounts, may be deemed to beneficially own the 12,774,251 shares of Common Stock held by the Nokomis Accounts, representing approximately 15.4% of the issued and outstanding shares of Common Stock of the Issuer.

In addition, Mr. Hendrickson, as principal of Nokomis Capital, the investment adviser of the Nokomis Accounts, may also be deemed to
beneficially own the 12,774,251 shares of Common Stock beneficially owned by the Nokomis Accounts, representing approximately 15.4% of the issued and outstanding shares of Common Stock of the Issuer.

Nokomis Capital and Mr. Hendrickson disclaim beneficial ownership of the Common Stock held by the Nokomis Accounts except to the extent
of their pecuniary interest therein.

(b) Nokomis Capital and Mr. Hendrickson has the shared power to vote and dispose of the Common
Stock owned by the Nokomis Accounts reported in this Schedule 13D.

The filing of this Schedule 13D shall not be construed as admission
that Nokomis Capital or Mr. Hendrickson is, for the purposes of Section 13(d) or 13(g) of the Act, or otherwise, the beneficial owner of any of the 12,774,251 shares of Common Stock owned by the Nokomis Accounts. Pursuant to Rule 13d-4,
Nokomis Capital and Mr. Hendrickson disclaim all such beneficial ownership.

(c) There have been no transactions in the Common Stock
during the past sixty (60) days by the Reporting Persons.

(d) No person other than the Reporting Persons is known to have the right
to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of, the Common Stock.

(e) Not applicable.

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