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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: Cliff Daniel who wrote (4230)8/24/1998 1:06:00 PM
From: jpbp  Read Replies (2) of 15313
 
I don't comprehend you Cliff...I guess you are correct. If there are 18 or 19.5 mill shares outstanding and 5 or 6 are closely held (by the company /insiders) that leaves 13 or so (roughly) mllion outstanding. IF SI investors hold 8 million although we doubt that all have held that tighlty it would only represent approx. 57 percent of the company....we do not own the entire company......though I will say that I believe very storngly the majority of shares are in 'friendly' hands, meaning those who are quoite long.

BTW if you do not believe in calling the company for DD and you do believe that threads are DD over the company's word, then I am concerned.

I would suggest rereading releases from the company and hearing competent management. You won't get ANY more than that until they are fully reporting.

Good day to you,

jpbp

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