Fortran Corp. update status on OTC
May 10 2013 - 3:57PM
OTC Markets
FORTRAN CORP.
HICKORY, NC
PRESS
RELEASE
FOR
IMMEDIATE RELEASE
Hickory, NC,
May 10th 2013 Fortran Corporation, (OTC: FRTN.PK) announces that it
has completed the process of consolidating all of its transactions
necessary to achieve the listing of its common stock on the OTC
Pink Sheet Current Information. These transactions
encompassed a series of reverse mergers and plans of exchange
between various subsidiaries including a formerly public company
named Burke Mills Inc., B&L Telephone, LLC, The New Telephone
Company Inc., Fortran Communications, LLC, and various other
non-active subsidiaries.
These
transactions are more fully explained at the Company’s Info and
filings and disclosures pages on the OTC Pink Sheet under its
ticker symbol “FRTN”.
Fortran
Corporation “FRTN” provides telecommunications, sales, and service
across North and South Carolina. Its primary plans include organic
growth within its existing customer base and acquisitions and
mergers with strategic partners that will allow for continuous
quality service and growth to maximize its value to all stake
holders. Douglas W.
Rink, President and CEO, of Fortran Corporation “FRTN” states that
all of the companies and employees involved have had an integral part in this
monumental endeavor to re-create our organization into a company
that is positioned for exciting and aggressive future
growth.
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