Replies to post #5574 on FTE Networks Inc (fka FTNW)

[Investorr]

I guess they want to get those Preferred Shares into the float for some reason. It will let the preferred shareholders sell off shares if they want to. Not saying they will. I do not currently see any restrictions on them selling, but of course there hasn't been a actual filling yet.

I'm watching this one very close but it scares me that they are increasing the A/S to 200,000,000

Usually A/S increase only means one thing = Dilution.

It looks to be a growing business with a lot of opportunity, but they obviously still need to raise money to fund operations and expansion.


I see the A/S getting maxed out over the next year to fund expansion. I will look to jump in when I see a profitable business possibly in 2017-2018.

Good Luck to you all. I will be following $FTNW closely.