Replies to post #5601 on FTE Networks Inc (fka FTNW)

[hnry98a]

Yes, that's the way I see it also

[cj 13]

I would agree with that also, they state that our equity state will not change post r/s, so if you're stocks equal .001 % of ftnw pre it will be the same post, giving certain class d and f stocks post increased shares would extremely devalue our % of ownership. My thoughts

[TaperT2]

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????

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Missing? I dont see how Company is stating "No Chng to current Equity
By therefore Dumping D & F's 20:1 convertion (50/60mil into Outstanding ...smh
It has to Effect Something , and even
If D&F's are 20:1 n 1:20 as with OS
We still end up with the greater of D&F or the RS values 3+mil added to Our OS post #'s . Thats not bad that way . Lol on another note , we had 3" of Snow today Dumpd on us.