ACCESS Newswire
04 Nov 2019, 22:55 GMT+10
Complete restructuring completed, Fractional Jet Business, Company Fully Operational and Profitable; Profit projection in the $ 800,000 to $2 Million Dollar Range
WEST PALM BEACH, FL / ACCESSWIRE / November 4, 2019 / Flitways (OTC PINK:FTWS) www.Flitways-FTWS.com (corporate web site) and (jet operational web site) www.magellan1.com The Company is providing this news release as a general update to its shareholders and followers. Daniel Sobolowski the Interim CEO and turn around management team said 'October 15, 2018 8k we filed with SEC is a good starting point. https://www.otcmarkets.com/filing/html?id=13008751&guid=WFhSUWNAL3fJk3h That document is self-explanatory. Since that time, FTWS management has made tremendous positive strides. For example:
More updates and filings will be released on a timely basis.
The Company offers weekly seminars on the benefits of fractional jet ownership. The Company invites all of its followers and critics to visit us and our operation center in Florida including the Challenger jet we are currently making available for sale to qualified buyers. Additionally, the company will over the course of the next few weeks/months provide further updates on the above points as they materialize, come to fruition and or crystallize further. The majority of these tasks have either been completed or are in the process of being completed. The anticipated or targeted date is on or before January 1, 2020'.
Disclosure:
Information in this news release may contain statements about future expectations, plans, prospects or performance of FTWS that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases 'can be', 'expects', 'may affect', 'believed', 'estimate', 'project' and similar words and phrases are intended to identify such forward-looking statements. FTWS cautions you that any forward-looking information provided by or on behalf of FTWS is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind FTWS's actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond FTWS's control. In addition to those discussed in FTWS's press releases, public filings, and statements by FTWS's management, including, but not limited to, FTWS's estimate of the sufficiency of its existing capital resources, FTWS's ability to raise additional capital to fund future operations, FTWS's ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match FTWS's capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. FTWS does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events
Contact:
Daniel Sobolewski
Twitter: @FTWSFlitways
Phone: +1 720-500-4320
Email: [email protected]
Web: https://flitways-ftws.com/
SOURCE: Flitways
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