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: VANTAGE who wrote (13649)	8/9/1999 7:15:00 PM
From: Dr. Stock	Read Replies (1) of 15313

Vantage, I agree. If FNTN does actually increase the number of shares from 23 million to 39 million, I hope they do something productive with the money collected. I did notice in the filing that they plan to use some of the money for marketing/advertising and for paying off debts. I am not convinced, however, that they have done anything useful with the money collected from the 23 million shares in the past (I think they have collected at least 40 million dollars, most of which came from the initial IPO at $5. I would bet that Barry Stein, Michael Sheppard, and Maura Marx have made a handsome sum from FNTN). I don't mean to be so negative as I think FNTN has incredible potential if the management does anything they say they will. In addition, perhaps I am misguided in thinking that this new re-filing will greatly delay full reporting status, and perhaps FNTN will not issue the full 16 million shares they are requesting (or use it for some incredible purpose that will raise the stock way higher than previously thought). I greatly appreciate anyone's comments on this current situation.

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