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Latest Fortran Stories

2014-05-20 12:39:13

HICKORY, N.C., May 20, 2014 /PRNewswire/ -- Fortran Corporation (OTC Pink: FRTN) a leading communications systems integrator announced financial results for the three and nine month periods ending March 31, 2014 compared to the same periods 2013. Financial highlights for the quarters respectively were: Three Nine Months Months Ended...

2014-03-20 16:29:14

HICKORY, N.C., March 20, 2014 /PRNewswire/ -- Fortran Corporation (OTC: FRTN), announced today that it has closed on a $4,000,000 revolving line of credit. Under the terms of the agreement, TCA Global Credit Master Fund, L.P. committed to lend $4,000,000 through one of the Fund's Senior Secured Revolving Notes, with an initial draw of $900,000. The Company meets specific monthly reporting and collateral requirements to further draw on the revolving credit facility. Douglas Rink, CEO...

2014-03-20 00:21:51

HICKORY, N.C., March 20, 2014 /PRNewswire/ -- Fortran Corporation (OTC: FRTN), a communications system integrator announced today that on March 1(st) a definitive share exchange agreement was reached with WynnCom, Inc. of Lexington, North Carolina and closed yesterday. Douglas Rink, Fortran's President and CEO stated, "WynnCom has a long history of successful operations in central and eastern North Carolina and a fierce competitor to us. Over the next several quarters, our success...

2014-02-18 12:35:43

HICKORY, N.C., Feb. 18, 2014 /PRNewswire/ -- Fortran Corporation (OTC Pink: FRTN), a leading communications systems integrator, announced financial results for the three and six month periods ending December 31, 2013 compared to the same periods 2012. Financial highlights for the quarters respectively were: Three Six Months Months Ended Ended...


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  • To take pains; labor assiduously with little progress.
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