TMan Report.
Nice report. Being 3,000 miles away, it is nice to have
a respected member of the thread observe the operation
with their own eyes.
I found one statement very interesting:
"We are bringing in a heavy weight operations person with M & A, finance and operations background. He holds both a JD and CPA degree. He will be joining us shortly."
This might lead one to believe that there might be a little more
going on with FNTN than we (the public) have been informed of.
I know a lot of people like the guy mentioned (who knows I may
even know him), and I don't know any of them who would join
a company with very little revenue (that pays bills by issuing stock)
without doing some serious DD and knowing that things are going
to be much better soon.
Also, if things were as bad as some people might like us to believe,
you would have to wonder why the 2 Alans are sticking around.
Also, I am sure people noticed that Civilization Communications
Corp. filed form 144 to sell 26,667 shares on 7/6/99. For those
that don't know, Civ Com has 1.1 million shares. They had
been engaged as a consultant to FNTN regarding business
planning. They did not even register their shares with the SEC
in the SB-2, so they will have to continue to file form 144 if they
choose to sell. I would think that if FNTN is going down the tubes
like some people would like us to believe, then Civ Com would know
a lot more about it than we do, and they would be selling their shares
instead of filing for just 26,667 shares.
My days of being able to post on the threads are numbered. I too
am changing jobs. In my new position, I will be unable to post on
public bulletin boards, however I will continue to lurk.
CH |
