FTE Networks Inc (fka FTNW)

[Ed Ajootian]

Great to see them get the 10Q out on a timely basis! I'm now looking for them to file a registration statement for the shares they issued to acquire Benchmark, which will hopefully be followed shortly with an announcement of a reverse split and uplisting to Nasdaq.

The quarter was decent -- once you peel off all the non-cash charges they actually made a few million $$. But the biggest thing that jumped out at me was the massive $347M of backlog that they had as of quarter-end. This is huge boys & girls -- as they proceed to turn this backlog into revenue its going to vault this stock into the stratosphere.

Congrats to all those FTE fans who held on during this last downswing in the stock price. It appears that your patience is about to get rewarded. For those who sold out, I believe this is an opportune time to buy back in.