Replies to post #5600 on FTE Networks Inc (fka FTNW)

[art35]

my 2 cents

Those 2 classes of preferreds are currently in existance and outstanding---therefore their convertibility is accounted for...

Company says shareholder equity will not change with the R/S----therefore no dilution upon the RS and change with the preferreds being converted will not change our equity percentage or cause dilution.

So, what are we missing in the reading????

Company also says they have TOTAL control of whether there will or will not be R/S--

In other words the pps could run up into a value that the company could then apply to NASDAQ ---or there may be a smaller R/S

cheers