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Microcap & Penny Stocks : 1st Net Technologies ( FNTT )
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To: Janice Shell who wrote (1793)5/7/2000 5:25:00 PM
From: Q.  Read Replies (1) of 1827
 
another tie between NTWK and FNTT:

from NTWK's 10k:

(13) SUBSEQUENT EVENTS:

<snip>

JOINT VENTURE

The Company entered into a joint venture agreement with 1st Net
Technologies, Inc. to share profits from an online business of
providing electronic commerce. Pursuant to this agreement, both parties
will also share the costs related to maintaining and operating this
joint venture. In the event this joint venture is subject to lawsuits
or loss contingencies, the Company maybe responsible for the entire
loss and will have a right to be indemnified by 1st Net Technologies,
Inc. for their share of the losses.

edgar-online.com
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