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Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN)
THNS 0.00Jun 7 5:00 PM EST

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To: The Philosopher who wrote (10216)1/14/1999 6:34:00 PM
From: BHunt   of 15313
 
Hi Chris, lack of info is a problem for my confidence. However, a start up's financials can't be too pretty, so they stay non reporting IMO. One guess could be that the exact balance sheet is so ugly at the end of 97 that it would scare off interest. If the startup phase is winding down, then the financials should improve and be more reflective of what the company is about.

I am no expert, but these new filing rules from the SEC are gonna make it very tough for small start ups to do public fund raising. Yes, I am worried. But no more than when I go gambling. A play in a BB is just that. I know how much I can gamble. And personally, I like the pit boss and his crew. Not trying to sway anyone. Just stating my position.

Good luck to us all. The next few weeks will bring some info in my opinion.

BHunt
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