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Seem like its dead to me.
News of Merger last week Monday sent HSGX soaring to over .35 Expect merger to release news of both merging companies update and the sell of NeoCart for knee therapeutic treatment. Looking forward to next week share price.
News of OCU310 updates will be release with or after merger. Before then the share price will run close to $1 before merger.
ALL IN MY OWN OPINION OF COURSE.
NEWS OUT. Company has closed the public offering.
They also told you to stop shorting. But that is not stopping you. I'm buying as soon as I see OPTT start soaring.
that 28K is not trying to sell short but force these damn as to run so he/she can cover another order much lower. I don't know why my broker doesn't have any shares to loan. I have seem this game played many time, and a lot of shareholders fall for it and sell.
Which I had shares to short because everybody has been running from that $28k every since it was $29k shares at $7.90 he/she has push them all the way down to $7 what a bunch of scared azzes. I won't feel bad at shorting their scared azzes at all.
where did you get shares to shorts, My broker didn't have any to loan.
'art35' wrong board. This is not FWIW.
For now I'am doing good adding more onto FTNW and trading BOXL. Is making me a nice little fortune today.
Oh well, whatever makes you money, Just make sure you cover before the Calvary arrive. Meaning time for FTE Networks inc to drop the shareholders another one of those Multi Million dollar contracts. They are due right about now about now to release one. Company never fail in releasing one. I'am looking forward to the next release of one of those money making contracts. Good Luck on your shorting, and don't forget to cover,because big positive news is coming soon.
Agree, around about now the company should be getting ready to more contracts. the ER is due April 16th. Monday is the beginning of April. I expect the company is going to be releasing a ton of news in April. Very excited about April for positive news releases.
Those walls on the Ask are fake walls. A push will get the share price much higher. stock will be set up for positive news to push back up to $4.
yeah,but it would be nice if they just let it run for now.Same spot where we were in February before the news of another multi million dollar contract for $116 million. The stock was at .98 2 days before the press release it went from .98 to $1.58 the next day it ran to $4.44 on news. Could be another great press release waiting in the wings to get the share price back to $4.44 without the conversions this time.
Would like to see share price up higher then it was yesterday before market close. I prefer a share price increase to $4 than a momentum dash that could cause the share price to drop. things are looking better for the stock since the halt was lifted. The gap to $1.48 was filled. The share price is staying above the gap, that is good.
The trading today is around 300k you don't expect the share price to be soaring on very small volume,but it is moving upward. The few trades had between flippers and a few shorts. The shareholders are holding onto their share and so it Lawrence I Rosen holding onto his 1,132,680 shares. I'am still holding. The company and the New York Stock Exchange employees is working together to solve this dilemma.
Many notice there appear to be no dumping of large of mount of shares into the market diluting shareholders value,that is a great plus the dilution has seem to cease.
Be careful for what you wish for. I wish all shareholders and investors whom are holding FTNW before the halt on March 13, 2019 would prosper greatly 7x their value from where they bought from, and may all new comers shareholders prosper from FTNW as well. in the name of The most High.
Feeling better. Things are being workout at FTE Networks Inc. No more unauthorized conversion is being continually dump into the market.Great Job NYSE employees.
I still can't believe the company thought they could just take out a loan and sell 100's of millions of shares to pay for loan with out shareholders approval. the whole loan was done without proper procedures. The CFO and CEO gave away 20% of the company thru this type of procedures. If they didn't know what they was doing they should've stay a private company. Everybody seem they just can take out a loan and use converted shares to pay for it without proper procedures. who do they think is paying for this loan, the shareholders and at the same time have their investment diluted to oblivion.
Those revenue contracts that total $350 million in net revenue will do to pay off the shareholders who was financially hurt in the company dumbest and most stupidity lack of knowledge in running an ipo.
This is crazy. That $350 million net revenue plus $116 million contract in February they might as well start coughing that up. If FTE networks plan on converting 55 million shares. They claim they've net revenue so let them us the net revenue to pay for the debt. Don't they know this can be thrown of the NASDAQ and on to the grey market sheet if they're planning on going thru with the undisclosed convertibles to pay the unauthorized notes.
The note and its convertibles was not made transparent to the shareholders. We didn't know anything about the company was doing unauthorized activity involve the shareholders investment with with lenders that was not approve by the shareholders. I've already notified the SEC of the company's wrong doing involving the undisclosed notes and convertibles.
Expecting to see another New York Stock Exchange shut down like FTNW. The NYSE is shutting them down.
what a piece of crap this company turn out to be. Seem to me like this is just another shell company. Need to be turn over to the SEC.
This company said in its press releases it has net revenue funds from contracts totaling $572.4 million equal $350 million in net revenue, plus a $116 million contract in February 26 of 2019. Is there a chance the company could offer the shareholders a tender offer for its wrong doing in releasing undisclosed low price converted shares at huge ridiculous discounted rates into the market diluting the shareholders and causing great losses to shareholders.
Even is company do get kick off of the Stock Exchange, we the shareholders should not have to suffer at the hands of a company's misleading management team. The funds is still there lets not give the company time to exalts the funds.
I just submitted a complaint to the SEC on their TCR website I complaint a complaint form to go directly to the SEC Lawyers. I don't have to sit around and wait to learn why FTNW is halted. The SEC has been notify of a complaint against FTE Networks inc by me and they will be on it. I will deal directly with the SEC lawyers.
I hope this will help others who are experiencing the same complaint I've with the company.If I receive a call from the SEC Attorneys I would share it with the board. I just fill out the complaint form on line a few minutes ago and summit it.
Probably another week of this waiting on pending news. GLTA.
Never seem one like this without some news being release to let the shareholders know something. I was in a China stock halt 4 years ago that involve a new car dealer ship and the SEC halted that stock. It was halted for weeks before it was kick on the grey sheet. That was horrible you could not see what was the bid or ask, it was like buying and selling blind fold. The company was an azz that didn't give a damn about the shareholders.
I'm wishing everything work out for the best for FTE Networks inc shareholders. I call the SEC regarding FTE and I'm waiting for a call back from them. It has been 5 business days since FTNW was halted. I feel its time for the Calvary the SEC to get involve.
You could be right. I never have seem a T1 last this long.I would love to see the best and not any bulchit. I'm believing all the contracts awarded to the company are legitimate and not misleading made up. So many of us have so much money invested in FTE Networks INC. I've to stay positive. The worse could be because of the CFO same day resigning without notice to the shareholders and markets or maybe the undisclosed convertibles shares to the lender.
Wish positive news when the pending news is release.
I call it in and ask my broker after going to check the list of stocks by the stock exchange. FTE Newtworks Inc requested the exchange to stop trading the stock on the stock exchange for pending news "T1". T1 halt for news pending.
I agree stockking, this is getting very retarded. if its positive news that would be awesome for all the shareholders, than it could be worth the wait. At this time I'am tried of waiting for company's pending news unless we get some hints of buyout, merger, acquisition or anything gear towards these options. I've been sitting here all day waiting on pending news to be release.
imo, I believe the company is negotiating something positive that is in favorable of the shareholders and investors. When I used to see pending news on a halted stock it usually is good news is the halt is requested by the company. by it taking this long I repeat it seem like negotiation is going on.
FTE Networks is the one whom requested the stock exchange to halt the stock(FTNW) for news pending. I don't think they are requesting to be move to the OTC listing they just came from there less then 1 1/2 years ago. I don't know what the reason of the long halt, but the stock exchange need to let the shareholders know something the reason for the the company requesting the stock to be halt. If they are in search of a new CFO, bo, takeover, audit, or whatever, stock exchange need to let us know the reason why the company requested the halt and its pending news. They can place a T2 after releasing pending news.
I hope this spell merger, buyout negotiating, or takeover. Anything much higher than $1.48 a share.
At pennystockking, all we can do is hope for the best. I call my broker and he told me it is not a SEC violation for the reason of the halt. The New York stock exchange could had FTNW halted on behalf of company news pending.I don't know what it is, but is not for SEC Violation. Also Lawrence I Rosen bought 1,132,681 shares on March 1. He file a 13G because that was 9.3% of the o/s. Plus some one else bought more than 1.3 million shares. I don't think these people would invested so much into a company without doing a lot of research into FTE Networks Inc.
IMO the CFO was fired and given severance pay of $87,500 paid equal in 6 monthly installment. He had to give up his 466K shares of FTNW. When an executive resigns he/she is not giving severance pay most of the time because they quit. Unless he is asked to resign. I'm looking forward to a buyout, merger, equity firm takeover or something that will make the shareholders fill whole again. By tomorrow we shall know why the stock was halted.
glta who are holding FTNW alone with me.
What is CrossLayer, I thought it suppose to be a the milk and honey for FTE Networks inc, what in the hell is it doing, besides draining the share holders. This company received over $572.4 million in contracts last year and so far $166 million in an award contract this year, where in the hell is the Money. instead of diluting the share holders why the company is not using those funds from contracts they are paid a percentage before starting the job for supplies, I been in business before I know how it operates.
Off subject I'am looking forward for the halt to be either a takeover or a buyout than some bs the company might put out about debt convertibles or need to raise capital by raising a/s to pay for debt. Damn it get your azz up and work for the money, put those award contracts to use.
Speak out share holders. I email the company you should also. their email is on their website. Don't let them just take your money.
For all of us share holders I expect for the company to do right by the share holders. I'am tired of hearing company executives stating we planing to bring share holders value back or increase share holders value and neither of the s o b keep their word and just do it.
Sell the damn company and make me happy.
This resignation was expected before March 11, 2019. The filing shows company previously enter into a transition separation with the CFO. IMO The CFO was ask to leave either because of his screw ups of the undisclosed of the convertibles or handling of financial accounting. Seem like his accounting sucks. Maybe company is under new management. Either way thing can't be any worst than what it is now. Share price from $26 a year ago now under a buck fifty. This company need new leadership. I hope it a buyout or some group cleaning up the company, more like draining the swamp executives.
Never seen it halted before for news pending. I hope it is the company who halted the stock and not another agency. We really do need positive news from this company. I hope they have paid off their debt and have plenty of money on the balance sheet.
Hold on Cash Cow, the news is coming. Let other sell and you buy. Could get a sneak press release of more award contracts.
News out soon so the 2 of you can exit or stop shorting.
The note was paid last month. is the reason why the volume was so high and the share price drop drastically. $5 million is not much to pay when you have million of a/s to dilute with, and the share price almost $5 dollars a share before the big share price drop.
There are companies whom borrow $10th of millions with only $1 and $2 stock prices and send their share prices to pennies. the dump happen on February 26, 2019. The company should be releasing the shareholders a good press release with out diluting imo. I'm looking for the next share price to return back to the double digits. ER should put the share price much higher, because this 4th quarter revenue would be more than 5 times 2017 revenue. and share holder value will be higher.
We just have to wait on company to release more award contracts and other good news while waiting on them to release the 2018 earnings report. We do need news badly to help encourage shareholders not to give up. Some bought high in the $3 dollars and over $4 on the last press release only to see the share price drop drastic due to diluting to pay loan. many was stuck holding the bags. That revenue should turn into working cash by now.
Waiting for the March earnings report and another big award contract. We could see a much higher share price on either of these 2 released. A positive ER will send the share price soaring, or another award contract. Next week could be very interesting.