SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN)
THNS 0.00Jun 7 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gary Speciale who wrote (3769)8/18/1998 5:20:00 PM
From: DayTraderKidd  Read Replies (2) of 15313
 
I am running a couple of different scenarios through my head as to try and dermine for myself how may shares are really out there.

#1 Barry Stein hires MM and MS and says "Oh, by the way, why don't the two of you each take 16 million shares of my company for your efforts. Never mind the fact that this will dilute the hell out of my company and that once the shareholders catch wind of this they will all sell and make my stock worthless."

#2 Barry Stein hires MM and MS. He also authorizes approximately 12 million more shares of fntn at a value of about .22 per share bringing the total number of shares to about 16 million, 4 million of those are investment shares. The other 7 million or so are sold to Market Makers for capital. Maybe some of the 7 million shares are used as compensation to MM and MS, who knows?

Well, that is what I have come up with so far.

Comments? Anyone want to add to this?

Peaceful
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext