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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: Michael T Currie who wrote (3765)8/18/1998 5:02:00 PM
From: Gary Speciale  Read Replies (2) of 15313
 
<<There's a very important bit in here I think. The rule says " the greater of 1% of the outstanding shares of the issuer or the previous four-week period's average weekly trading volume of the issuer's securities".>>

However, she stated 1% and she is the one that requests the sell. Therefore, you can assume the 160,000 number of shares are 1 percent(minimum)of total. Theoretically 1% could be more than the 160,000.

Gary S.
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