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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: pjamk who wrote (526)7/15/1998 1:03:00 PM
From: pjamk  Read Replies (3) of 15313
 
Spoke with Michael Sheppard minutes ago.!

Discussion as follows. These quotes are accurate to the best of my knowledge, and were transcribed as accurately as possible.

"diligiantly Working on becoming REPORTING COMPANY, it takes time ~ 6 MO'S NASDAQ, ALSO LOOKING AT AMEX"

"Website had problems with firewall missing info from siemens, should be up by weeks end possibly sooner, they had every intention of being already online"

"Projected intranet operations 8/10/98"

"Involved with investing since 1981"

"Age 48"

CV "Extensive history with entertainment industry, IPO'd a london stock, previous company involvement with Panorvision, Westwood communications"

"Was hired away from another position to Head FNTN"

"Doesn't believe in stock hyping"

"News will be released only when something significant happens"

"No current plans for reverse split or any stock dilution to raise funds"

"Barry steins 144 filing has errors in it, it wasn't suppose to be for 9.85 / share"

"They are allowed to sell 1% of each of their shares every quarter, they file 144's just to reserve the right to sell if market conditions become right, it should have been ~ 160000 for a net of ~ 98000"

"We discussed another stock we were both familiar with HVSF and how it had been extremely hyped & still is, he states he is familiar with the individuals involved and for these reasons never made an investment in this stock"

"We discussed reverse splits and how damaging they can be to a company when as he stated they are not handled properly"

Was resistant to answering any questions that were proprietary in nature. ( this was to be expected ). Cordial and pleasant to speak with. Was invited to call again at a later date!

I hope this answers some questions!

Pj
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