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Replies to post #15186 on Flitways Technology Inc (FTWS)
THall
11/14/18 12:15 PM
#15187 RE: xerox752 #15186
In addition to the 2 aforementioned required filings the Company will file an equity stakeholder or a Regulation D filing for the capital infusion received from Emry Capital for the rebuilding or restoration of operations.
Moving forward, regardless if the IT team can restore the software or not, according to our advisor's Chapter 11 is the less harmful way for the Company to proceed in an ongoing restructuring. Down the road, out of this restructuring and cleaning up the Company will be ready to continue the same operations, to acquire new opportunities and to expand into new markets. At this point we are not ruling out a change of industry or a new direction for the Company post Chapter 11 or otherwise.
Lastly many shareholders are inquiring about Mr. Mac's involvement with FLIT. His involvement moving forward is nil. Regarding rumors of the Karhoo and RCI Banks,(Renault Nissan Alliance), there is none with FLIT that we the interim management are aware of.
major kong
11/14/18 12:24 PM
#15190 RE: xerox752 #15186
Baron123
11/14/18 12:29 PM
#15194 RE: xerox752 #15186