Filed Pursuant to Rule 424(b)(3)
                                                     Registration No. 333-125958


            PROSPECTUS SUPPLEMENT TO PROSPECTUS DATED AUGUST 3, 2005

                                 FTS GROUP, INC.

This prospectus supplement is part of and should be read in conjunction with the
prospectus  dated  August  3,  2005  relating  to the resale of up to 47,501,563
shares  of  our  common stock by stockholders.  The information presented herein
updates  certain information in the prospectus. Unless otherwise defined herein,
capitalized  terms  have  the  meanings  given  to  them  in  the  accompanying
prospectus.

On  September 28, 2005, our Board of Directors reduced the exercise price of the
A  warrants  from  $0.12 to $0.10.  Additionally, our Board of Directors reduced
the  exercise  price  of  the  B  warrants  from  $0.08  to  $0.03.

The  shares  of  common  stock  are  being  offered  for  sale  by  the  selling
stockholders  at prices established on the Over-the-Counter Bulletin Board or in
negotiated  transactions  during  the term of this offering. Our common stock is
quoted  on  the  Over-the-Counter  Bulletin  Board  under  the  symbol  FLIP.OB.

You should rely only on the information provided or incorporated by reference in
this  prospectus  supplement  and  the  accompanying  prospectus.  We  have  not
authorized  anyone  to  provide  you with different information.  You should not
assume  that  the  information in this prospectus supplement or the accompanying
prospectus  is accurate as of any date other than the date on the front of these
documents.

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                 THIS INVESTMENT INVOLVES A HIGH DEGREE OF RISK.
     YOU SHOULD PURCHASE SECURITIES ONLY IF YOU CAN AFFORD A COMPLETE LOSS.
     SEE "RISK FACTORS" BEGINNING ON PAGE 2 OF THE ACCOMPANYING PROSPECTUS.

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Neither  the  Securities  and  Exchange  Commission  nor  any  state  securities
commission has approved or disapproved of these securities or determined if this
prospectus  supplement  is  truthful  or  complete.  Any  representation  to the
contrary  is  a  criminal  offense.

            THE DATE OF THIS PROSPECTUS SUPPLEMENT IS OCTOBER 3, 2005