Replies to post #6702 on FTE Networks Inc (fka FTNW)

[common_cents]

Given the supply of stock that has been available in the $15 to $17 range my guess is that working capital has increased via an injection of cash from somewhere. I would have hoped to have seen an AK on that. But maybe not? Not really sure\\I just HOPE they do NOT delay the filing.

[zoomlik]

Pretty sure, restricted cash is off table for general corporate use or daily running biz

In accounting, "cash" refers to the money held by a company in liquid form that can be spent or invested. Restricted cash is money that is reserved for a specific purpose and therefore not available for immediate or general business use.

Examples of restricted cash
There are many scenarios in which a company might need to set aside a specific amount of restricted cash. Common examples of restricted cash include refundable deposits, minimum balances on bank accounts, and funds held in escrow. Our broker center has plenty of information to get you more familiar with the stock market!

It is often the case that restricted cash results from a legally binding agreement. For example, if a company receives a bank loan, the lending institution's contract might stipulate that the company reserve a certain amount of money in a restricted cash account that will remain unavailable for spending for a preset period of time.

However, not all restricted cash arises from legal or contractual obligations. Sometimes a company will voluntarily decide to set aside restricted cash. For example, a company might choose to reserve a certain amount of money for a new project and designate that cash as restricted.