Replies to post #6852 on FTE Networks Inc (fka FTNW)

[BenjaminGrossbaum]

Their salaries are indirectly paid from the proceeds shares sold from toxic debt conversions. The boss was paid $1/2m last year. These purchases are negligible by comparison - just blatant, last ditch attempts to drive buying in the stock. This stock is a SELL at any price because there will be $50m of new selling pouring in over the next 18months at a discount to wherever the stock happens to be. As the stock goes lower the dilution increases proportionally. This company is losing $2m per month and it’s $70m negative net worth. This is a black hole - they have a $50M share printing press in the back called “CONVERTIBLE DEBT.”