4Cable TV International, Inc. (CATV) Facilitates Acquisition of Genetic Networks LLC by Fifty 1 Labs, Inc. (FITY), Announces Dividend for CATV Shareholders, and Sets Stage for Transformative Reverse Merger

Rhea-AI Summary

4Cable TV International (CATV) has announced several strategic developments on March 20, 2025. The company facilitated the acquisition of Genetic Networks by Fifty 1 Labs, Inc. (FITY), which will result in a dividend distribution to CATV shareholders pending FINRA approval.

The company has significantly strengthened its financial position by eliminating $800,000 in debt and reducing 930 million dilutive shares, following a previous reduction of 7.8 billion shares on March 17, 2025. This brings the total share reduction to 8.7 billion shares.

Current Interim CEO Michael Feldenkrais will resign but oversee the transition as the company prepares for a reverse merger with a new company. The merger, expected in the coming weeks, will include a new name, ticker symbol, and management team.

Positive

• Elimination of $800,000 in debt improves balance sheet
• Reduction of 8.7 billion dilutive shares strengthens share structure
• Upcoming dividend distribution to shareholders from FITY stock
• Clean balance sheet enhances reverse merger opportunities

Negative

• Current management team being replaced entirely
• Uncertainty around timing of FINRA approval for dividend
• Details of reverse merger partner not yet disclosed

Insights

Financial Restructuring Analyst

CATV has orchestrated a comprehensive financial restructuring that transforms its balance sheet and sets the stage for a substantial corporate metamorphosis. The company has eliminated $800,000 in debt while removing a staggering 8.7 billion potentially dilutive shares (930 million + 7.8 billion previously eliminated), creating a dramatically improved capital structure.

This financial housecleaning serves two strategic purposes: first, it delivers immediate structural benefits to existing shareholders by reducing dilution risk; second, it creates an attractive "clean shell" for the upcoming reverse merger. The debt-free balance sheet significantly enhances CATV's negotiating leverage with potential merger partners.

Beyond the internal restructuring, CATV has facilitated an external transaction - the acquisition of Genetic Networks by Fifty 1 Labs (FITY). This deal creates additional shareholder value through a promised dividend from FITY to CATV shareholders, though specifics regarding dividend amount remain undisclosed pending FINRA approval.

The upcoming reverse merger represents the culmination of this transformation, bringing new management, business direction, and corporate identity. By sequentially addressing debt, share structure, and corporate identity, management has methodically removed the typical obstacles that plague micro-cap stocks, potentially positioning CATV for a more sustainable future than its penny stock status would typically suggest.

Company Eliminates $800,000 in Debt and additional 930 Million Dilutive Shares, to Strengthen Foundation for Future Growth with Entirely New Management Team

MIAMI, March 20, 2025 /PRNewswire/ -- 4Cable TV International, Inc. (OTC: CATV), a company poised for significant transformation, today announced a series of strategic milestones that position it for a blockbuster future. The company has successfully sold its Letter of Intent and played a pivotal role in negotiating the acquisition of Genetic Networks LLC by Fifty 1 Labs, Inc. (OTC: FITY). As a result of this transaction, Fifty 1 Labs, Inc. intends to issue a dividend to all CATV shareholders, providing value to investors who have supported 4Cable TV International through its evolution. The dividend will require processing and approval by FINRA and must undergo a formal execution process. Further details regarding the dates and timing of the FITY dividend will be shared in the near future as the process unfolds.

In conjunction with these developments, Michael Feldenkrais will resign from all positions with 4Cable TV International, Inc. However, Mr. Feldenkrais will remain as Interim CEO to oversee a seamless transition as a new company prepares to merge into 4Cable TV International, Inc. This merger will culminate in the submission of a new name and ticker symbol change, marking a fresh chapter for the organization. Upon finalization of the reverse merger, expected within the coming weeks, an entirely new management team will assume leadership of the company, bringing fresh expertise and vision to guide its next phase of growth. At that time, the company will also unveil the new team and provide a comprehensive overview of its strategic direction.

Adding to this momentum, 4Cable TV International, Inc. has eliminated an additional 930 million dilutive shares, a monumental step to protect investors and fortify the company's foundation. This follows the management team's decisive action on Tuesday, March 17, 2025, to eliminate 7.8 billion dilutive shares, bringing the total reduction to 8.7 billion shares in just days. These efforts underscore the company's commitment to enhancing shareholder value and establishing a robust platform for future growth.

Eliminated All Debt, Fortifies Balance Sheet in Pursuit of Blockbuster Reverse Merger
In a further demonstration of financial discipline, 4Cable TV International, Inc. has eliminated an additional $800,000 from its balance sheet, creating a clean slate as it pursues a transformative reverse merger. Full details of the debt elimination will be announced shortly, offering transparency to shareholders and potential partners alike. The company is actively engaged in advanced-stage negotiations with several promising candidates eager to explore a reverse merger opportunity. The elimination of all debt enhances these discussions, presenting potential partners with a pristine balance sheet and a streamlined structure primed for expansion.

Looking ahead, 4Cable TV International remains dedicated to selecting a merger partner that aligns with its vision for a dynamic rebrand. This will include a new company name and stock symbol, paired with the introduction of an entirely new management team tasked with driving profitability and innovation. In the next few weeks, upon finalization of the reverse merger, the company will announce the new leadership and provide a comprehensive overview of its strategic direction.

"This is a defining moment for 4Cable TV International, Inc. and its shareholders," said Michael Feldenkrais, Interim CEO. "By facilitating the acquisition of Genetic Networks LLC, paving the way for a dividend pending FINRA approval, eliminating all debt, and drastically reducing dilutive shares, we've laid the groundwork for a powerful future. I am committed to ensuring a smooth transition as we welcome a new company and a highly capable management team to take this organization to unprecedented heights."

About 4Cable TV International, Inc.
4Cable TV International, Inc. (OTC: CATV), is a company in the midst of a strategic transformation, focused on delivering value to shareholders while pursuing innovative growth opportunities. With all debt eliminated and a significantly reduced share structure, CATV is actively negotiating a reverse merger to redefine its identity and market presence, setting the stage for long-term success.

Contact:
Michael Feldenkrais
info@catvbt.com,+1 3055289614
Website: catvbt.com

Safe Harbor Statement:
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements, identifiable by words such as "will," "expects," "anticipates," "plans," and similar expressions, involve risks and uncertainties that could cause actual results to differ materially from those projected. These risks include, but are not limited to, general economic conditions, competition, changes in negotiation outcomes, regulatory approvals such as FINRA processing for the dividend, and other factors beyond the company's control. 4Cable TV International, Inc. does not undertake any obligation to update these statements based on new information or future events.

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SOURCE 4Cable TV International, Inc.

FAQ

What is the dividend deal announced for CATV shareholders in March 2025?

CATV shareholders will receive a dividend in FITY stock following Fifty 1 Labs' acquisition of Genetic Networks The exact dates and timing are pending FINRA approval.

How many dilutive shares did CATV eliminate in March 2025?

CATV eliminated a total of 8.7 billion dilutive shares - 7.8 billion on March 17 and an additional 930 million shares days later.

What is the amount of debt CATV eliminated in its March 2025 announcement?

CATV eliminated $800,000 in debt from its balance sheet as part of its preparation for the reverse merger.

When will CATV complete its reverse merger and management change?

The reverse merger is expected to be finalized within weeks of the March 20, 2025 announcement, bringing a new name, ticker symbol, and management team.