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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: Guy who wrote (8514)12/3/1998 1:34:00 PM
From: NYBellBoy   of 15313
 
FNTN Fanatics - Proxy

Re (2) To approve an amendment to the Company's Articles of Incorporation to increase the authorized shares of Common Stock which the Company shall have the authority to issue from 25,000,000 shares of a par value of $.001 per share to 50,000,000 shares of a par value of $.001 per share as recommended by the Company's Board of Directors;

Are we supposed to just approve the doubling of shares with no prior information?

re (4) To consider and approve the adoption of an Incentive Stock Option Plan for the Company; and

Sure, let's adopt a Incentive Stock Plan when we haven't seen any progress in a long time. Besides, since we already doubled the shares authorized in # 2 above, we can grant them great incentives at this bargain basement price.

P.S.

Re MS's reply on the Bull <The item that is asking for authorization of both common and preferred stock
is just that an authorization so that we have the shares available for
possible future funding, acquisitions and the ISOP.

Yes, the ISOP; that was very nebulous. Incentive Stock Ownership Plan (ISOP) let's just put that last and hope they are stupid. I am tired of getting humped by small and large companies alike. Time to see the friendly Proctologist.

={

BellBoy
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