14 unchanged sentences
The current policy of the Board of Directors is to reinvest earnings in operations to promote future growth.
−Removed: As of February 28, 2020, there were 89 holders of record of our common stock, which does not include the number of beneficial owners whose common stock was held in street name or through fiduciaries.
+Added: As of March 3 , 2021 , there were 96 holders of record of our common stock, which does not include the number of beneficial owners whose common stock was held in street name or through fiduciaries.
NASDAQ Delisting Notice
1 unchanged sentence
(the “Company”) received a letter from the Listing Qualifications Department of The NASDAQ Stock Market (“NASDAQ”) notifying the Company that, based upon the closing bid price of the Company’s common stock that trades under the symbol “FTEK” (“Common Stock”), for the last 30 consecutive business days the Common Stock did not meet the minimum bid price of $1.00 per share required for continued listing on NASDAQ pursuant to NASDAQ Listing Rule 5450(a)(1) (the “Minimum Bid Rule”), initiating an automatic 180 calendar-day grace period for the Company to regain compliance.
−Removed: The notice has no immediate effect on the listing or trading of the Company’s Common Stock, and the Common Stock will continue to trade on the NASDAQ under the symbol “FTEK”.
−Removed: In accordance with NASDAQ Listing Rule 5810(c)(3)(A), the Company has a period of 180 calendar days from the date of the notification, or until July 6, 2020 to achieve compliance with the Minimum Bid Rule.
−Removed: The Company will regain compliance with the Minimum Bid Rule if at any time before July 6, 2020, the bid price for the Company’s Common Stock closes at or above $1.00 per share for a minimum of 10 consecutive business days.
−Removed: The Company intends to meet the requirements for the Minimum Bid Rule in the future.
−Removed: This may include seeking the approval of stockholders at the Company’s next annual meeting to effect a reverse stock split.
+Added: In accordance with NASDAQ Listing Rule 5810(c)(3)(A), the Company had a period of 180 calendar days from the date of the notification, or until July 6, 2020 to achieve compliance with the Minimum Bid Rule.
+Added: The Company received an extension to March 17, 2021 and regained compliance with the Minimum Bid Rule in December of 2020 when the Company’s Common Stock closed at or above $1.00 per share for a minimum of 10 consecutive business days.
Performance Graph
13 unchanged sentences
Operating (loss) income from continuing operations
−Removed: Net loss from continuing operations
+Added: Net (loss) income from continuing operations
Loss from discontinued operations
17 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.