FTE Networks Inc (fka FTNW)

[buccaneer1961]

this is a shell... Focus Venture Partners is a holding company for various businesses...but they currently NOT a publicly traded company,but want to go public... They have applied to FINRA with the prospectus in the S-1 but that route is too complex, time consuming and not guarenteed...So They want to do a merger in a shell company that is publicly traded..
this is just part of the income they have...
FOCUS VENTURE PARTNERS, INC

Overview News Headlines Financials & Filings Experts
Company Financials

Revenue $31,557,374
Net Income $563,309
Total Assets $13,550,995



Our History - Focus Venture Capital

We are a Nevada corporation formed on March 26, 2012. On May 9, 2012, we entered into a Contribution Agreement with Optos, whereby we acquired 100% of the outstanding membership interests of Optos in consideration of 23,980,000 shares of common stock and 100,000 shares of Series A Preferred Stock. As we were only formed in March 2012 and we acquired Optos in May 2012, we have included the financial statement for Optos for the years ended December 31, 2011 and 2010 and the nine months ended September 30, 2012 and 2011. Optos was incorporated in the State of Delaware on April 15, 2008. Optos is the sole member of Focus Fiber. In addition, Optos held a majority interest in CMK until January 1, 2012, when it acquired the remaining interest in CMK. CMK was the sole member of Townsend. We dissolved CMK and Townsend on December 31, 2012 and transferred all assets to Jus-Com. Jus-Com was acquired by the common management and ownership on September 6, 2011.Subsequently, on January 1, 2012, Jus-Com was acquired by Optos. On December 3, 2012, through Optos, we acquired a 100% interest in MDT, which is a wholly-owned subsidiary of Optos. Our organization structure is summarized below:


SO, if you add this all up from above OPTOS has methodically and quietly acquired all the businesses in Focus Venture Capital portfolio over the last year.....Now look at the 8k that was filed march 25.. by BEACON (BEAC) the shell...This merger is brings a worthless BEAC shell to a $40M+ profitable company overnight..

Form 8-K for BEACON ENTERPRISE SOLUTIONS GROUP INC

THIS IS WHEN THEY WANT TO FINALIZE:
(d) The closing of the Merger will occur as soon as practicable following the satisfaction of the conditions to closing set forth in the Merger Agreement but in no event later than May 15, 2013.

heres the recent filings
http://secfilings.com/SearchResults.aspx?ticker=beac

also!! this person has been adding so many shares...look at the bottom it shows his buy dates,price per shares,ammount of shares...he owns so much he had to file as ownership on all of these....so follow the money!!!