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ValueInvestor2017

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ValueInvestor2017

Re: None

Tuesday, 12/11/2018 8:55:48 AM

Tuesday, December 11, 2018 8:55:48 AM

Post# of 7213
Material insider information? No? Maybe you should do your du diligence before concluding what ever runs through your head?

As per the shareholder letter from September 2018:

"Equally as important as growing our business is optimizing our balance sheet. Continued growth in EBITDA creates opportunities for the Company to take advantage of more favorable financing terms. Currently the secured portion of our debt is approximately 1x TTM EBITDA. The Company is currently focused on refinancing its existing debt with a lower cost of capital within the next 3-6 months."

Source:

https://globenewswire.com/news-release/2018/09/25/1575666/0/en/FTE-Networks-Inc-CEO-Letter-to-Shareholders.html
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