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Wednesday, June 26, 2019 4:15:13 AM
Whilst FTWS is burdened with a large debt the management continues to look for ways and means to resolve and address this matter with different and complex swap and or settlement methods. See 8-K filed October 16, 2018 for some of the relief the Company is seeking.
The current www.carboatrental.com business model is providing Flitways with cash flows and the ability to operate the business without a loss. Flitways is no longer experiencing a negative monthly cash burn during its restructuring phase.
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