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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: Keith Sherwood who wrote (14416)10/8/1999 4:42:00 AM
From: Keith Sherwood  Read Replies (1) of 15313
 
Any thoughts on the one-day turnaround for the new SB-2/A?

Quite a change in shares offered and the "Proposed Maximum Offering" price:

10/7/99 19,344,091 shares @ 0.275
10/6/99 11,435,000 shares @ 1.000

Is the 0.275 only to be used for the "calculation of the registration fee", or is Management actually expecting to be in the mid-0.20's soon? In the past, when they have revised the offering price, it was NEVER below the current bid/ask.

Confused,

Keith
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