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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: NightHawkZ who wrote (13814)8/20/1999 8:04:00 AM
From: Radim Parchansky  Read Replies (3) of 15313
 
Michael should adjust the target 5 mil, the company is loosing credibility that way. The same with their web site, MS said "We will have a totally new look" but when I asked for specifics, they have none. Sure every company on this earth will have a new look one day. The same with their 5 mil, when asked for the plan how to get those revenues they have no specific answer just "We will get few multimillion dollar contracts".

So far 9K in the 1st Q and that's after company saying "1999 will be totally different". Yes I know 1st Q numbers were pushed into the 2nd Q but due to SEC requirements but the bottom line is 9K.

They had plans to raise 6mil via printing more shares, well at .50's and .60's and no revenues (9K) this would bring the price to .20's. Good that they decided to raise less money (don't know the figure), still dilution is coming.
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