Subsequent Events |
9 Months Ended |
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Sep. 30, 2017 | |
| Subsequent Events [Abstract] | |
| Subsequent Events |
13. SUBSEQUENT EVENTS
The Company has evaluated events and transactions that occurred through the date the financial statements were issued, for possible disclosure and recognition in the financial statements.
The Company issued 4,097 shares of common stock with a market value of $33,800 to directors and employees per their agreements.
The Company issued 146,719 shares of common stock with a market value of $1,353,000 to settle outstanding payables.
The Company issued 15,743 shares of common stock with a market value of $114,000 for consulting services.
The Company has promoted Anthony Sirotka to the position of Chief Administrative Officer and President of FTE Network Services, effective November 14, 2017. |
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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