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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: Bill Fortune III who wrote (152)7/7/1998 4:18:00 PM
From: sammaster  Read Replies (2) of 15313
 
called mr. sheppard again today
to sum up my last 2 calls...

the good:
intranet site up in about a month
2nd quarter unaudited financials in about a month
once intranet up, has waiting customers
couple of announcements in 3-4 weeks that they "are happy with"...
this was said after i asked if they still had same revenue
target as was mentioned in an old press release
outstanding shares 16 million of which 5 mil are owned by
insiders
look for press release about status of ibd aquisition

the bad:
don't expect to be profitable this year

the not profitable is to be expected since this is just a start-up company and has been spending money ramping up most of this year, i've got no problem with that as long as revenues ramp up, and it seems like margins will be high once the intra/internet is set up.

samir

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