Fortran Corporation

Equities

FRTN

US34960D1081

Integrated Telecommunications Services

Market Closed - OTC Markets Other stock markets 09:15:23 16/05/2024 pm IST			5-day change	1st Jan Change
0.0176 ^USD	-7.63%		-7.37%	+10.00%

2022	Fortran Announces Appointment of Kent Greer as Chief Operations Officer	CI
2022	Fortran Corporation completed the acquisition of Comconexx, LLC.	CI

An unknown buyer acquired 80% stake in Tower Performance, Inc. from Fortran Corporation.

March 05, 2020

An unknown buyer acquired 80% stake in Tower Performance, Inc. from Fortran Corporation (OTCPK:FRTN) on March 5, 2020. The transaction will remove $1.1 million of debt from Fortran's balance sheet and generate additional working capital. An unknown buyer completed the acquisition of 80% stake in Tower Performance, Inc. from Fortran Corporation (OTCPK:FRTN) on March 5, 2020.

Latest news about Fortran Corporation

Fortran Announces Appointment of Kent Greer as Chief Operations Officer	17/22/17	CI
Fortran Corporation completed the acquisition of Comconexx, LLC.	04/22/04	CI
Fortran Corporation acquired M & B Communication, LLC.	18/22/18	CI
Fortran Corporation agreed to acquire Comconexx, LLC.	07/21/07	CI
Fortran Corporation Inks Agreement to Distribute TempuCheck Products	04/20/04	CI
Fortran Corporation Receives Purchase Order from Caldwell County School District for 11 Hikvision Thermal Imaging Temperature Sensing Cameras	23/20/23	CI
An unknown buyer acquired 80% stake in Tower Performance, Inc. from Fortran Corporation.	05/20/05	CI
Fortran Corporation Bankruptcy Case Dismissed	29/19/29	CI
Motion for Case Dismissal Filed for Fortran Corporation	01/19/01	CI
Fortran Corporation Appoints Dayne Miller as CFO	20/19/20	CI
Fortran Corporation Provides Revenue Results for the Period Ending December 31, 2018	20/19/20	CI
Involuntary Petition Filed Against Fortran Corporation	16/18/16	CI
Fortran Corporation Announces Management Changes	19/18/19	CI
Fortran Corporation Announces Earnings Results for the Nine Months of 2016; Provides EBITDA Guidance for the First Quarter Ending September 2016	23/16/23	CI
Fortran Corporation acquired 80% of Tower Performance, Inc.	16/15/16	CI
Fortran Corporation Reports Earnings Results for the First Quarter Ended September 30, 2014	13/14/13	CI
Fortran Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2014	20/14/20	CI
Fortran Corporation Closes $4,000,000 Revolving Line of Credit	20/14/20	CI
Fortran Corporation acquired Wynncom Inc. for $1 million.	20/14/20	CI
Fortran Corporation Announces Financial Results for the Second Quarter and Six Months Ended December 31, 2013	18/14/18	CI
Fortran Seeks Acquisitions	18/14/18	CI
Fortran Corporation Reports Earnings Results for the Third Quarter Ended September 30, 2013	22/13/22	CI
Fortran Corp. Names Todd Rankin as Chief Operations Officer, Communications Division	09/13/09	CI
Fortran Corp. signed a definitive share exchange agreement to acquire CCI Telecom, Inc.	05/13/05	CI
Fortran Corp. will Change its Ticker to FRTN from BMLS	27/13/27	CI

Chart Fortran Corporation

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Company Profile

Fortran Corporation is a telecommunications system integrator dedicated to designing, sourcing, implementing and maintaining complex telecommunications solutions primarily in North Carolina and South Carolina. The Companyâs telecom segment consists of three operating units. Its subsidiaries, B & L Telephone, LLC and M & B Communications, LLC, are focused on business and governmental clients throughout North Carolina. Its subsidiary, Fortran Communications, Inc., is focused on business and governmental clients throughout South Carolina. The Company has direct distribution contracts with Nippon Electric Corporation (NEC). NEC is its prime source for equipment and services that the Company sells directly to end users. In addition to its NEC core products, the Company also offers its clients an array of complimentary products, including cabling, fiber connectivity, SIP trunks, paging, access and control systems, and security, including facial recognition technology.

Sector

Integrated Telecommunications Services

More about the company

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