FTE Networks Inc (fka FTNW)

[Ed Ajootian]

Scott, I'm confused and would appreciate it if you could help me out here. I thought the only relationship Beacon had with the current business was that it was a public shell that they put the private business, Focus Venture Partners, Inc. into so it could be public company. I went back to an old 10K of Beacon and I didn't recognize any of the names of the officers and directors as compared with those of FTE Networks. I realize it was basically in the same business as FTE is. Here is the description of the corporate history of FTE per the FTE 10K:

CORPORATE HISTORY
 
Prior to Beacon Merger
 
Beacon Enterprise Solutions Group
 
Beacon Enterprise Solutions Group, Inc. (“Beacon”) was incorporated in the state of Nevada on December 30, 2007. On September 5, 2012 Beacon sold its operating assets and Beacon ceased its business operations, in order to meet its financial obligations and avoid bankruptcy, but maintained its public company “shell” status.
 
Focus Venture Partners, Inc.
 
Focus Venture Partners, Inc. (“Focus”) was incorporated in the state of Nevada on March 26, 2012 as a holding company operating in the telecommunications industry managing and developing its wholly owned subsidiaries, which were focused on the development of telecommunications networks, acting as a service and support provider, as well as providing temporary and part-time staffing solutions.