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FTNW - Filed a Form 10 Trades again Dec. 10, 2015
FTNW - Revoked Sep. 12, 2014 Trades again Dec. 10, 2015
FTNW - SEC accepts Offer of Settlement submitted
* On or about December 10, 2015
the Company's stock resumed trading
on the OTC Market under the symbol FTNW
https://www.sec.gov/Archives/edgar/data/1122063/000114420415070203/v426676_8k.htm
https://www.sec.gov/Archives/edgar/data/1122063/000114420415070203/v426676_ex99-1.htm
* On March 17, 2015
the Company Filed a Form 10
to again register it's stock with the SEC
https://www.sec.gov/Archives/edgar/data/1122063/000114420415016769/v404435_10-12g.htm
* The Company's stock registration was Revoked
effective September 12, 2014
and ceased trading in the Public Market.
https://www.sec.gov/litigation/admin/2014/34-73085.pdf
_________________________________________________________________
FTNW - When a stock registration is Revoked
Most issuers who decide to pursue this solution
will file a Form 10 registration statement,
complete with audited financial statements
and unaudited interim financial statements
as appropriate.
_________________________________________________________________
I'll Alert you of stocks to Buy,
before the Run happens !
_________________________________________________________________
September 12, 2014
ADMINISTRATIVE PROCEEDING
ORDER MAKING FINDINGS AND
REVOKING REGISTRATION OF
SECURITIES
https://www.sec.gov/litigation/admin/2014/34-73085.pdf
________________________________________________________________
_________________________________________________________________
It is hereby ORDERED that:
Pursuant to Section 12(j) of the Exchange Act,
the registration of each class of Respondent’s securities
registered pursuant to Exchange Act Section 12 be,
and hereby is, revoked.
_________________________________________________________________
Once registration has been revoked,
the stock's ticker will be deleted.
Shareholders will still be shareholders
but in a private company.
Their stock will be extremely illiquid,
and its value will be difficult to determine,
as there is no public market for it.
________________________________________________________________
Way to Restore a Section 12(j)
Issuer’s Exchange Act Registration
For issuers with sufficient resources and tenacity,
the entry of a Section 12(j) order
does not have to be a death sentence.
Nothing in the Exchange Act
or the Commission’s rules and regulations
prohibits a 12(j) company
from restoring its Exchange Act registration
and re-commencing the filing of periodic reports.
Most issuers who decide to pursue this solution
will file a Form 10 registration statement,
complete with audited financial statements
and unaudited interim financial statements
as appropriate.
Form 10 registration
is not the only way to restore
Exchange Act registration for 12(j)
issuers.
Filing a Form S-1 registration statement
brings the issuer back to “fully reporting” status.
Filing an S-1 registration statement
allows the issuer to register outstanding shares
that were deemed to be “free-trading”
before the entry of the 12(j) order,
placing those shareholders in the same position
they were in before the order.
https://burninghamlawgroup.com/another-way-to-restore-a-section-12j-issuers-exchange-act-registration/
_________________________________________________________________
Ways to Restore an Issuer’s Registration
https://burninghamlawgroup.com/another-way-to-restore-a-section-12j-issuers-exchange-act-registration/
https://bradshawlawgroup.com/15c2-11-reforms-a-new-era-for-otc-securities/
_________________________________________________________________
FTE Networks, Inc.
FTE Networks, Inc.
CIK#: 0001122063 (see all company filings)
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001122063&type=&dateb=&owner=include&start=240&count=40
_________________________________________________________________
Form 8-K - Current report
Filing Date
2015-12-10
Accepted
2015-12-09 21:44:57
Documents
On December 10, 2015,
FTE Networks, Inc.
issued a press release
announcing that its common stock,
par value $0.001 per share,
began trading on the OTC Pink® Open Market,
operated by OTC Markets Group Inc.,
under the symbol “FTNW.”
https://www.sec.gov/Archives/edgar/data/1122063/000114420415070203/0001144204-15-070203-index.htm
https://www.sec.gov/Archives/edgar/data/1122063/000114420415070203/v426676_8k.htm
_________________________________________________________________
March 17, 2015
FORM 10
FORM 10-12G
FORM FOR REGISTRATION OF SECURITIES
FTE NETWORKS, INC.
We are filing this General Form
for Registration of Securities
on Form 10 to register our common stock,
par value $0.001 per share (the "Common Stock"),
pursuant to Section 12(g)
of the Securities Exchange Act of 1934
https://www.sec.gov/Archives/edgar/data/1122063/000114420415016769/v404435_10-12g.htm
https://www.sec.gov/Archives/edgar/data/1122063/000114420415016769/0001144204-15-016769-index.htm
_________________________________________________________________
Embedded Charts
_________________________________________________________________
Live! Charts
https://www.stockscores.com/charts/charts/?ticker=FTNW
________________________________________________________________
FTNW - Revoked Sep. 12, 2014 Trades again Dec. 10, 2015
FTNW - SEC accepts Offer of Settlement submitted
* On or about December 10, 2015
the Company's stock resumed trading
on the OTC Market under the symbol FTNW
https://www.sec.gov/Archives/edgar/data/1122063/000114420415070203/v426676_8k.htm
https://www.sec.gov/Archives/edgar/data/1122063/000114420415070203/v426676_ex99-1.htm
* On March 17, 2015
the Company Filed a Form 10
to again register it's stock with the SEC
https://www.sec.gov/Archives/edgar/data/1122063/000114420415016769/v404435_10-12g.htm
* The Company's stock registration was Revoked
effective September 12, 2014
and ceased trading in the Public Market.
https://www.sec.gov/litigation/admin/2014/34-73085.pdf
_________________________________________________________________
FTNW - When a stock registration is Revoked
Most issuers who decide to pursue this solution
will file a Form 10 registration statement,
complete with audited financial statements
and unaudited interim financial statements
as appropriate.
_________________________________________________________________
I'll Alert you of stocks to Buy,
before the Run happens !
_________________________________________________________________
September 12, 2014
ADMINISTRATIVE PROCEEDING
ORDER MAKING FINDINGS AND
REVOKING REGISTRATION OF
SECURITIES
https://www.sec.gov/litigation/admin/2014/34-73085.pdf
________________________________________________________________
_________________________________________________________________
It is hereby ORDERED that:
Pursuant to Section 12(j) of the Exchange Act,
the registration of each class of Respondent’s securities
registered pursuant to Exchange Act Section 12 be,
and hereby is, revoked.
_________________________________________________________________
Once registration has been revoked,
the stock's ticker will be deleted.
Shareholders will still be shareholders
but in a private company.
Their stock will be extremely illiquid,
and its value will be difficult to determine,
as there is no public market for it.
________________________________________________________________
Way to Restore a Section 12(j)
Issuer’s Exchange Act Registration
For issuers with sufficient resources and tenacity,
the entry of a Section 12(j) order
does not have to be a death sentence.
Nothing in the Exchange Act
or the Commission’s rules and regulations
prohibits a 12(j) company
from restoring its Exchange Act registration
and re-commencing the filing of periodic reports.
Most issuers who decide to pursue this solution
will file a Form 10 registration statement,
complete with audited financial statements
and unaudited interim financial statements
as appropriate.
Form 10 registration
is not the only way to restore
Exchange Act registration for 12(j)
issuers.
Filing a Form S-1 registration statement
brings the issuer back to “fully reporting” status.
Filing an S-1 registration statement
allows the issuer to register outstanding shares
that were deemed to be “free-trading”
before the entry of the 12(j) order,
placing those shareholders in the same position
they were in before the order.
https://burninghamlawgroup.com/another-way-to-restore-a-section-12j-issuers-exchange-act-registration/
_________________________________________________________________
Ways to Restore an Issuer’s Registration
https://burninghamlawgroup.com/another-way-to-restore-a-section-12j-issuers-exchange-act-registration/
https://bradshawlawgroup.com/15c2-11-reforms-a-new-era-for-otc-securities/
_________________________________________________________________
FTE Networks, Inc.
FTE Networks, Inc.
CIK#: 0001122063 (see all company filings)
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001122063&type=&dateb=&owner=include&start=240&count=40
_________________________________________________________________
Form 8-K - Current report
Filing Date
2015-12-10
Accepted
2015-12-09 21:44:57
Documents
On December 10, 2015,
FTE Networks, Inc.
issued a press release
announcing that its common stock,
par value $0.001 per share,
began trading on the OTC Pink® Open Market,
operated by OTC Markets Group Inc.,
under the symbol “FTNW.”
https://www.sec.gov/Archives/edgar/data/1122063/000114420415070203/0001144204-15-070203-index.htm
https://www.sec.gov/Archives/edgar/data/1122063/000114420415070203/v426676_8k.htm
_________________________________________________________________
March 17, 2015
FORM 10
FORM 10-12G
FORM FOR REGISTRATION OF SECURITIES
FTE NETWORKS, INC.
We are filing this General Form
for Registration of Securities
on Form 10 to register our common stock,
par value $0.001 per share (the "Common Stock"),
pursuant to Section 12(g)
of the Securities Exchange Act of 1934
https://www.sec.gov/Archives/edgar/data/1122063/000114420415016769/v404435_10-12g.htm
https://www.sec.gov/Archives/edgar/data/1122063/000114420415016769/0001144204-15-016769-index.htm
_________________________________________________________________
Embedded Charts
_________________________________________________________________
Live! Charts
https://www.stockscores.com/charts/charts/?ticker=FTNW
________________________________________________________________
FTNW - Revoked Sep. 12, 2014 Trades again Dec. 10, 2015
FTNW - SEC accepts Offer of Settlement submitted
* On or about December 10, 2015
the Company's stock resumed trading
on the OTC Market under the symbol FTNW
https://www.sec.gov/Archives/edgar/data/1122063/000114420415070203/v426676_8k.htm
https://www.sec.gov/Archives/edgar/data/1122063/000114420415070203/v426676_ex99-1.htm
* On March 17, 2015
the Company Filed a Form 10
to again register it's stock with the SEC
https://www.sec.gov/Archives/edgar/data/1122063/000114420415016769/v404435_10-12g.htm
* The Company's stock registration was Revoked
effective September 12, 2014
and ceased trading in the Public Market.
https://www.sec.gov/litigation/admin/2014/34-73085.pdf
_________________________________________________________________
FTNW - When a stock registration is Revoked
Most issuers who decide to pursue this solution
will file a Form 10 registration statement,
complete with audited financial statements
and unaudited interim financial statements
as appropriate.
_________________________________________________________________
I'll Alert you of stocks to Buy,
before the Run happens !
_________________________________________________________________
September 12, 2014
ADMINISTRATIVE PROCEEDING
ORDER MAKING FINDINGS AND
REVOKING REGISTRATION OF
SECURITIES
https://www.sec.gov/litigation/admin/2014/34-73085.pdf
________________________________________________________________
_________________________________________________________________
It is hereby ORDERED that:
Pursuant to Section 12(j) of the Exchange Act,
the registration of each class of Respondent’s securities
registered pursuant to Exchange Act Section 12 be,
and hereby is, revoked.
_________________________________________________________________
Once registration has been revoked,
the stock's ticker will be deleted.
Shareholders will still be shareholders
but in a private company.
Their stock will be extremely illiquid,
and its value will be difficult to determine,
as there is no public market for it.
________________________________________________________________
Way to Restore a Section 12(j)
Issuer’s Exchange Act Registration
For issuers with sufficient resources and tenacity,
the entry of a Section 12(j) order
does not have to be a death sentence.
Nothing in the Exchange Act
or the Commission’s rules and regulations
prohibits a 12(j) company
from restoring its Exchange Act registration
and re-commencing the filing of periodic reports.
Most issuers who decide to pursue this solution
will file a Form 10 registration statement,
complete with audited financial statements
and unaudited interim financial statements
as appropriate.
Form 10 registration
is not the only way to restore
Exchange Act registration for 12(j)
issuers.
Filing a Form S-1 registration statement
brings the issuer back to “fully reporting” status.
Filing an S-1 registration statement
allows the issuer to register outstanding shares
that were deemed to be “free-trading”
before the entry of the 12(j) order,
placing those shareholders in the same position
they were in before the order.
https://burninghamlawgroup.com/another-way-to-restore-a-section-12j-issuers-exchange-act-registration/
_________________________________________________________________
Ways to Restore an Issuer’s Registration
https://burninghamlawgroup.com/another-way-to-restore-a-section-12j-issuers-exchange-act-registration/
https://bradshawlawgroup.com/15c2-11-reforms-a-new-era-for-otc-securities/
_________________________________________________________________
FTE Networks, Inc.
FTE Networks, Inc.
CIK#: 0001122063 (see all company filings)
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001122063&type=&dateb=&owner=include&start=240&count=40
_________________________________________________________________
Form 8-K - Current report
Filing Date
2015-12-10
Accepted
2015-12-09 21:44:57
Documents
On December 10, 2015,
FTE Networks, Inc.
issued a press release
announcing that its common stock,
par value $0.001 per share,
began trading on the OTC Pink® Open Market,
operated by OTC Markets Group Inc.,
under the symbol “FTNW.”
https://www.sec.gov/Archives/edgar/data/1122063/000114420415070203/0001144204-15-070203-index.htm
https://www.sec.gov/Archives/edgar/data/1122063/000114420415070203/v426676_8k.htm
_________________________________________________________________
March 17, 2015
FORM 10
FORM 10-12G
FORM FOR REGISTRATION OF SECURITIES
FTE NETWORKS, INC.
We are filing this General Form
for Registration of Securities
on Form 10 to register our common stock,
par value $0.001 per share (the "Common Stock"),
pursuant to Section 12(g)
of the Securities Exchange Act of 1934
https://www.sec.gov/Archives/edgar/data/1122063/000114420415016769/v404435_10-12g.htm
https://www.sec.gov/Archives/edgar/data/1122063/000114420415016769/0001144204-15-016769-index.htm
_________________________________________________________________
Embedded Charts
_________________________________________________________________
Live! Charts
https://www.stockscores.com/charts/charts/?ticker=FTNW
________________________________________________________________
FTNW - SEC accepts Offer of Settlement submitted
* On or about December 10, 2015
the Company's stock resumed trading
on the OTC Market under the symbol FTNW
https://www.sec.gov/Archives/edgar/data/1122063/000114420415070203/v426676_8k.htm
https://www.sec.gov/Archives/edgar/data/1122063/000114420415070203/v426676_ex99-1.htm
* On March 17, 2015
the Company Filed a Form 10
to again register it's stock with the SEC
https://www.sec.gov/Archives/edgar/data/1122063/000114420415016769/v404435_10-12g.htm
* The Company's stock registration was Revoked
effective September 12, 2014
and ceased trading in the Public Market.
https://www.sec.gov/litigation/admin/2014/34-73085.pdf
_________________________________________________________________
FTNW - When a stock registration is Revoked
Most issuers who decide to pursue this solution
will file a Form 10 registration statement,
complete with audited financial statements
and unaudited interim financial statements
as appropriate.
_________________________________________________________________
I'll Alert you of stocks to Buy,
before the Run happens !
_________________________________________________________________
September 12, 2014
ADMINISTRATIVE PROCEEDING
ORDER MAKING FINDINGS AND
REVOKING REGISTRATION OF
SECURITIES
https://www.sec.gov/litigation/admin/2014/34-73085.pdf
________________________________________________________________
_________________________________________________________________
It is hereby ORDERED that:
Pursuant to Section 12(j) of the Exchange Act,
the registration of each class of Respondent’s securities
registered pursuant to Exchange Act Section 12 be,
and hereby is, revoked.
_________________________________________________________________
Once registration has been revoked,
the stock's ticker will be deleted.
Shareholders will still be shareholders
but in a private company.
Their stock will be extremely illiquid,
and its value will be difficult to determine,
as there is no public market for it.
________________________________________________________________
Way to Restore a Section 12(j)
Issuer’s Exchange Act Registration
For issuers with sufficient resources and tenacity,
the entry of a Section 12(j) order
does not have to be a death sentence.
Nothing in the Exchange Act
or the Commission’s rules and regulations
prohibits a 12(j) company
from restoring its Exchange Act registration
and re-commencing the filing of periodic reports.
Most issuers who decide to pursue this solution
will file a Form 10 registration statement,
complete with audited financial statements
and unaudited interim financial statements
as appropriate.
Form 10 registration
is not the only way to restore
Exchange Act registration for 12(j)
issuers.
Filing a Form S-1 registration statement
brings the issuer back to “fully reporting” status.
Filing an S-1 registration statement
allows the issuer to register outstanding shares
that were deemed to be “free-trading”
before the entry of the 12(j) order,
placing those shareholders in the same position
they were in before the order.
https://burninghamlawgroup.com/another-way-to-restore-a-section-12j-issuers-exchange-act-registration/
_________________________________________________________________
Ways to Restore an Issuer’s Registration
https://burninghamlawgroup.com/another-way-to-restore-a-section-12j-issuers-exchange-act-registration/
https://bradshawlawgroup.com/15c2-11-reforms-a-new-era-for-otc-securities/
_________________________________________________________________
FTE Networks, Inc.
FTE Networks, Inc.
CIK#: 0001122063 (see all company filings)
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001122063&type=&dateb=&owner=include&start=240&count=40
_________________________________________________________________
Form 8-K - Current report
Filing Date
2015-12-10
Accepted
2015-12-09 21:44:57
Documents
On December 10, 2015,
FTE Networks, Inc.
issued a press release
announcing that its common stock,
par value $0.001 per share,
began trading on the OTC Pink® Open Market,
operated by OTC Markets Group Inc.,
under the symbol “FTNW.”
https://www.sec.gov/Archives/edgar/data/1122063/000114420415070203/0001144204-15-070203-index.htm
https://www.sec.gov/Archives/edgar/data/1122063/000114420415070203/v426676_8k.htm
_________________________________________________________________
March 17, 2015
FORM 10
FORM 10-12G
FORM FOR REGISTRATION OF SECURITIES
FTE NETWORKS, INC.
We are filing this General Form
for Registration of Securities
on Form 10 to register our common stock,
par value $0.001 per share (the "Common Stock"),
pursuant to Section 12(g)
of the Securities Exchange Act of 1934
https://www.sec.gov/Archives/edgar/data/1122063/000114420415016769/v404435_10-12g.htm
https://www.sec.gov/Archives/edgar/data/1122063/000114420415016769/0001144204-15-016769-index.htm
_________________________________________________________________
Embedded Charts
_________________________________________________________________
Live! Charts
https://www.stockscores.com/charts/charts/?ticker=FTNW
________________________________________________________________
no quarterly filings in 2+ years
https://ir.ftenet.com/quarterly-reports?page=1#document-2655-0001493152-20-016120
State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.
The Registrant is unable to file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2020 (the “Form 10-Q”), within the prescribed time without unreasonable effort or expense. The Registrant requires additional time to compile data and finalize its financial statements to be filed as part of the Form 10-Q and assist its auditors in completing their review in connection with the Form 10-Q.
Additionally, the Registrant has been negatively impacted by the COVID-19 pandemic, which has contributed to the delay in compiling and completing the Registrant’s Form 10-Q (as well as reports for prior periods), due in part to the disruptions in access to and timely exchange of information between officers, auditors, professional advisors and other support staff.
Chris----you still playing the pennies???
Happy New Year ---Art35
Nada !! The money is gone!!
well a heart beat is good at least!
Looks like they really have gone back to clean things up. FY2018 10-K just re-released!
Well, nothing for the past two months...anybody got a bone to toss out, rumor to share, thoughts, hope or despair to offer...?
So quiet here even the mice are going crazy!
NEW YORK, Dec. 20, 2019 /PRNewswire/ -- Suneet Singal, CEO of First Capital Master Advisor and Former Chairman and CEO of First Capital Real Estate Trust, Inc., announces successful $350 Million real estate acquisition by FTE Networks, Inc. and a $100 Million stock distribution to the common shareholders of First Capital Real Estate Trust, Inc.
FTE Networks, Inc. (NYSE American: FTNW) ("FTE"), announced that it has signed a definitive agreement and has acquired the assets of Vision Property Management LLC ("Vision") and its affiliated assets which include more than 3,000 residential real estate assets in 46 states.
First Capital Master Advisor was instrumental in advising Vision with the transaction. The purchase price for Vision is approximately $350 million. The consideration includes a distribution of common and preferred stock of FTE valued at approximately $100M to the shareholders of First Capital Real Estate Trust Inc, a non-traded public REIT, at the direction and personal election of its former Chairman & CEO Suneet Singal. Any such distribution will be subject to a registration under the Securities Act of 1933 or an applicable exemption from registration.
Committed to providing accretive investment opportunities to the retail investment channel, Suneet Singal had previously pledged assets worth $175M to First Capital Real Estate Trust Inc. (Formerly, United Realty Trust Incorporated) and acquired the external advisor to the REIT in September 2015. The $100M distribution to the common shareholders translates into a $20.00 per share exit, a gain over their original pricing paid of $10.45 per share and $12.49 per share. This exit pricing represents the one of the highest returns provided in the retail independent broker dealer channel alternative investment space since the last decade.
"I'm pleased with the outcome of providing a successful exit to the retail common shareholders representative of the multi-billion-dollar independent broker dealer channel. We look forward to supporting the growth of the newly transformed company as shareholders," said Suneet Singal.
Vision's management team assembled its portfolio of houses over the past 10 years and will continue as senior executives of the Company and major shareholders. They will develop their strategy to acquire and build affordable housing properties for sale or for rent. FTE has assumed approximately $75MM in debt held by Vision it plans to refinance into a new lower cost credit facility including additional renovation capital allowing for the ability to capture additional revenue within the portfolio.
"We pride ourselves as experts in the residential real estate business in secondary markets around the US bringing home ownership and affordable for rent product to the middle and lower income class," said Vision CEO Alex Szkaradek. "Contributing our assets into FTE and structuring them into a residential real estate investment trust gives us the opportunity to scale our platform and allow investors the opportunity to participate in this under-represented investment class in the public markets. We are thrilled as to this strategic partnership and look forward to delivering future shareholder results.
Wow, now we know why the huge blocks were being dumped at any price right before the halt.. no bueno
Yes, hopefully not, but also there was also atleast 500k shares dumped at any prior prior to the halt?? Usually that means bad news leaked??
Halted t1 hopefully is not that long like last time, fingers crossed
Sold it back at $1.5
This could be a historic reversal!
FTNW cash cow milking daily
What is cash cow?
New merger , if it happens, should be announced prior to nov 15, per SEC filing on oct 11
I would say so this may be new bottom..
My 1.02's looking good! I was going to sell at 1.50 but now holding for 2.00 - next week possible.
Entity that is foregiving $80M debt owns 30% of common
So am thinking our value should go north of $250M post RM .. if we get 6% of a $4B combined company
Looks like a reverse merger with that $4B company
We provide publicly traded company
Cross layer
They provide $4B company
They may get 90% and we get 10% of combined .. giving us a $400M valuation
UFO . Hope you make up for losses you incurred on ftnw
What will be share count after all this ?
Not clear to me how much dilution this foreclosure deal has for us
NOT WORRIED about what i missed but what i got
YES I agree with your outlook got in last week.56 do to late uptick and short coverage look for 5-6 range..
Yeah, well, did you notice it didn't last long??
Took me by surprise, wishing I had pulled the trigger on .60 yesterday when I thought about it. But honestly still not sure this will end well. Definitely not seeing the $4 pt's some people are screaming about on stocktwits. Maybe back to a respectable $1+? But honestly a lot of questions still left unanswered for me.
News: $FTNW FTE Networks Provides Shareholder Update
NEW YORK, Sept. 12, 2019 (GLOBE NEWSWIRE) -- FTE Networks, Inc. (NYSE American: FTNW) ("FTE" or the "Company"), today issued a letter to FTE shareholders regarding the Company’s efforts and progress since the completion of its debt restructuring in July 2019. The full text of t...
In case you are interested FTNW - FTE Networks Provides Shareholder Update
It won't be back to $2-$3 anytime soon unless volume picks up! Currently it's trading 89% below the 20-day average volume for this time of day, with a whopping 21,800 shares traded!
UFO
PR’s and ER ahead FTE Networks FTNW. Fair value $5-6+ levels. Huge backlog of contracts in the hundreds of millions. With debt restructuring finalized expect some healthy gains from here on.
FTE Networks- Huge uptrend from here on given recent developments with debt restructure and new board. Company trading at a huge discount- expecting a bounce to $4-6+ levels with news and filings coming with new price targets.
Will be back to $2-3+ sinner than most think. FTE networks solid co and with new leadership and management/board expect a major turn around ahead . FTNW
News: $FTNW FTE Networks Announces Completion of Debt Restructuring
NEW YORK, July 12, 2019 (GLOBE NEWSWIRE) -- FTE Networks, Inc. (NYSE American: FTNW) ("FTE" or the "Company"), announced that it has completed its previously announced debt restructuring. The terms and conditions of the debt restructuring are described more fully in a Current Report o...
Got this from FTE Networks Announces Completion of Debt Restructuring
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FTE Networks Awarded Approximately $116 Million in New Infrastructure Contracts in January and February
GlobeNewswire•February 26, 2019
NAPLES, Fla., Feb. 26, 2019 (GLOBE NEWSWIRE) -- FTE Networks, Inc. (NYSE American: FTNW) ("FTE" or the "Company"), a leading provider of innovative technology solutions for smart platforms, network infrastructure and intelligent buildings, today announced that it has been awarded approximately $116 million in new infrastructure projects during January and February of 2019.
The new contract awards to FTE and its subsidiaries cover a variety of infrastructure projects, with significant customers including a major globally recognized technology leader and a major financial institution. Projects to be performed under the contracts include interior buildouts as well as technology and smart device deployments, primarily at locations throughout the Northeast. Work associated with these new contract wins is largely expected to be completed within the next 12-18 months.
Anthony Sirotka, Interim Chief Executive Officer of FTE Networks, commented, “I am extremely pleased with the pace of new contract wins in early 2019. Business operations remain brisk with several highly recognizable brands included in these new awards. The wins reflect our strong brand presence in the New York market which will increasingly become a focus of both our infrastructure and technology segments. We remain fully committed to our strategic vision to create and maintain the entire in-building ecosystem and we see tremendous potential to build upon the foundation established in this market.”
About FTE Networks, Inc.
FTE Networks, Inc. ("FTNW") is a leading provider of innovation technology. We enable adaptive and efficient smart network connectivity platforms, infrastructure and buildings. FTE provides end-to-end design, build, and support solutions for state-of-the-art networks, data centers, residential and commercial properties. We create transformative smart platforms and buildings. FTE's services are predicated on smart design and consistent standards that reduce deployment costs and accelerate delivery of leading-edge projects and services. The Company works with Fortune 100/500 companies, including some of the world's leading Telecommunications and IT Services Providers as well as REITs and Media Providers.
NAPLES, Fla., Jan. 03, 2019 (GLOBE NEWSWIRE) -- FTE Networks, Inc. (NYSE American:FTNW) ("FTE" or the "Company"), a leading provider of innovative technology solutions for smart platforms, network infrastructure and intelligent buildings, and a Deloitte 2018 Technology Fast 500 Winner (#95), today announced that it has been awarded approximately $129.6 million in new infrastructure projects during the fourth quarter of 2018, bringing the Company's 2018 contract awards total to approximately $572.4 million.
The new contract awards to FTE and its subsidiaries cover a variety of infrastructure projects, with prominent customers including a leading global investment and market management firm, a globally recognized technology leader, and a major cable and telecommunications company. Projects to be performed under the contracts include interior buildouts as well as technology and smart device deployments, primarily at locations throughout New York City and the surrounding boroughs. Work associated with these new contract wins is largely expected to be completed within the next 12-18 months.
"Closing 2018 with $572.4 million in new contract awards is an exceptional accomplishment," commented Michael Palleschi, President and Chief Executive Officer of FTE Networks. "The ability to secure new customers and continue to secure awards within our existing client base illustrates our strong presence and reputation in the market. Our team continues to execute our strategic vision to create and maintain the entire in-building ecosystem, from design through implementation of data systems and intelligent networks. I am confident in our ability to continue this momentum into 2019."
https://docs.google.com/document/d/1qRnx3A-sPy4Uu7KtUbqwToI0xfWYzsiJPNyiyaRZL8e
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