FTE Networks Inc (fka FTNW)

[Schneidku40]

Good quarter. Question- They gave nearly 18 million shares to the owner of Benchmark as part of the buyout in April. Did those get reduced by the 25 for 1 split? Or is he still sitting on 18 million shares to dump on the market at any time and dilute the stock by 3.5x?

NVM found it in the last quarterly report, they already got their shares and were split also.

Hopefully now that they are getting this positive net income they can stop issuing shares. They have a big debt to pay down with that net income. Looks like they had issued 600,000 post-split # of shares between July 1 and November 6...