THNS - Technest Holdings (Prev. FNTN) Message Board

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Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN)

THNS 0.00

Jun 7 5:00 PM EST

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To: DayTraderKidd who wrote (9011)	12/18/1998 2:28:00 PM
From: The Philosopher	Read Replies (1) of 15313

The difference between the 1997 financials relaese in April of 98 and the financials for 1997 released yesterday is that the ones that were released yesterday are audited. The 1997 financials release in April of 98 are not audited. Yeah, but for auditors to "find" $200K+ of additional losses on top of 500K is, IMO experience (as former corp VP Finance) VERY startling. Usual corrections from unaudited to audited are a few percent at most. Those size numbers don't fall out of the sky. Somebody screwed up big time in the unaudited numbers. Who, and why?????

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