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: The Street who wrote (4344)	8/25/1998 10:48:00 AM
From: Cliff Daniel	Read Replies (2) of 15313

NEW YORK--(BUSINESS WIRE)--July 15, 1997 [snip] According to Michael Sheppard, chief operating officer for Financial Intranet, "The agreement with Worldcom is one of the foundations of our worldwide network. We expect it to begin to generate revenues immediately, projected to be $15 million gross, with net profits of $2.5 million during our first fiscal year." Financial Intranet currently has 4.8 million shares outstanding. Only 13 months go buy and they printed over 250% more shares. Are they filing the 144's and printing more shares to issue to themselves?

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