THNS - Technest Holdings (Prev. FNTN) Message Board

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Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN)

THNS 0.00

Jun 7 5:00 PM EST

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To: hoopsville who wrote (3018)	8/5/1998 12:24:00 PM
From: Bill Fortune III	Read Replies (1) of 15313

Greetings Tom, let me answer you two questions this way: Your first questions: << What sort of time must elapse before the time that insiders file and they can sell? Unless the insiders think FNTN might spike up and go right back down, why don't they wait to file until the stock levels off at a decent price? What's the hurry to file, especially if filing is only good for 3 months? >> My opinion: Because of their position with a public company they must, by law file a 144 in order to sell stock on the open market. There are time frames and time constraints that they must follow, again by law. Like Mike said to you they need to have available to them the right to sell stock from time to time for whatever reason(s). We do not have any of those constraints, we can sell anytime we want. Your second questions: << When a potential stock buyer looks the above URL, it's bound to be a major turn-off as it looks like a broad vote of insider's no-confidence. It makes me very uneasy and I'm a Stockholder. Doesn't management care about appearance--they should. >> My opinion: At the present time there are only 187,500 share listed that could be traded and this represents only 0.0117 of the total shares of approximately 16 million. I feel that no negative appearance can be construed for any reason based on what I just stated. Manager is only following good form, procedures and law. Hope this helps. Regards, Bill Fortune III

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