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: don roberson who wrote (12780)	6/9/1999 4:48:00 PM
From: C Horn	Read Replies (1) of 15313

Don - Don't worry about o/s shares. I know of an investor who was contemplating investing a million in FNTN. The investor decided not to because of 2 reasons: 1. Not fully reporting 2. The float was too small The issuance of the additional 4.4 mil or 3 mil (whatever the case may be) shares is a small price to pay in relation to the potential benefit and increase in value to company. The funds allocated to advertising and hiring new sales personnel could easily generate an additional 500K to 1 mil of new revenues. Apply a reasonable multiple to those revenues (say 10 or 15) and look at the result: A value increase of the company of 5 to 15 million, at a cost of 3 to 4.4 million shares. Doesn't look like that bad of a deal to me. Regards, CH

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