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: NYBellBoy who wrote (4688)	8/27/1998 10:28:00 PM
From: Cliff Daniel	Read Replies (2) of 15313

NEW YORK, NY--December 7, 1997--Financial Intranet Inc. (OTCBB:FNTN) announced today that as of the second quarter of 1998 the company will be a fully reporting Bulletin Board stock. Michael Sheppard, President and Chief Operating Officer of the company, said, "We want to assure our shareholders and the investment community that we have already begun the process necessary to provide full reporting by the 1998 second quarter. Financial Intranet intends to be in full compliance with any and all regulations that the Securities and Exchange Commission and the National Association of Securities Dealers may propose in the future." Financial Intranet has established the nation's first proprietary, secured, on-demand data and video financial information network that links the brokerage and mutual fund industries together and connects both to the individual investor. Does anyone else find this misleading? First they planned on reporting to the SEC a few months ago. Secondly they state that they have the intranet already established? Subsequent press releases changed that from established to establishing. Was it actually built at the time of the press release? If not there were no forward looking statement clause, and that appears to be a forward statement.

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