Mark: That's the question. I will venture a guess. Below are 3 lifts from today's release that interested me (followed by my hopefully intelligent observations).
1. "The investment banking firm will provide the company with acquisition or merger opportunities such as those specifically related to the Internet,Intranets and proprietary software relating to this field, such as advanced search engine capabilities."
Accent is on "acquisitions" and "mergers" - not survival cash.
2. "The proprietary network is customizable for any application, group, franchise or association that requires dynamic information exchange, especially for organizations that are heavily data laden such as federal, state, local and city government departments, law enforcement, insurance, financial,medical and legal industries."
This is new. They're starting to acknowledge a next step in customer base. it always troubled me why Siemens et al would be partnering with Financial Intranet. Although the mid-sized brokerage firms were a strong niche market and a good profit center for a small company, I didn't see it as being big enough to interest a large corporation like Seimens. Now, we're getting a glimpse at some of the many vertical markets that give FNTN a much greater potential.
3."Contact:
Financial Intranet Inc., New York
Michael Sheppard, 212/702-4873"
No more middle man! Instead of referring us to a PR firm, they're encouraging direct contact. I like that!
Regards to all,
Wally |
