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Microcap & Penny Stocks : Financial Intranet Inc. (OTC:BB:FNTN)

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To: Yeshua who wrote (532)11/30/1997 1:35:00 PM
From: rickd1  Read Replies (1) of 2897
 
A few of the responses from management bother me.

1. No comment is not an adequate answer on the reverse split question. I would have been much happier with a resolute NO. Leads me to believe that they consider this an option.

2. How much cash/burn rate. Why is management unwilling/unable to provide any financial information to the OWNERS of the company.

3. I dont follow the stock price on a daily basis. What kind of answer is that?? You question pertained to the stock price over the past year. Its lost 96% of its value!!

Fortunately I didnt buy in the IPO at $7. I would be on management's doorstep protecting my investment if i had.

I am positive on this stock and the product but managment must be more forthright with its shareholders. I sent for an investor package and all they sent me was a few copies of press releases (sent directly from humancash no less!!).

Positives:

Empire Financial, Inc. does exist their website is indexed in Yahoo!

Small float can magnify any positive news into a big run up in price.
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