Financial Intranet Inc. (OTC:BB:FNTN) Message Board

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

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To: Jim Porter who wrote (1994)	5/27/1998 9:26:00 PM
From: Jim Porter	Read Replies (1) of 2897

A lone voice in the wilderness!! In several previous postings, the topic of "Reverse Stock Split" was mentioned. I am not advocating a reverse stock split. I want to see the FNTN Board of Directors initiate and implement a "Stock Buy-back Policy". A reverse stock split is accomplished through declaration and has no merit to it. All an action of this nature would accomplish is to decrease the amount of stock by 50% or 33%. No real value would have been achieved - only damage would be inflected. On the other hand, a stock buy-back is achieved through spending profits. The concept of a stock buy-back is a double edged sward. First, before stock can be bought back, profits must be made - and reported. Second, by spending these profits on purchasing company stock, this supports the value of the same stock and decreasing the volume of stock available; thereby increasing the value of the remaining stock. A value that can be supported! I know I'm leaving myself wide open; however, if the above is incorrect, please let me know. BW&GI .........-jp

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