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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: Jim Porter who wrote (5101)9/2/1998 6:11:00 PM
From: Kevin McKenzie  Read Replies (2) of 15313
 
Regarding financial information.

It is my understanding that FNTN won't release any financial figures, past or present, until the audited numbers are approved.

I don't know if this is kosher, but this is my understanding.

Question for accountants: If Sheppard says they did 1 million in revenue in 97 and the audited report comes out saying FNTN did 750,000, is FNTN in trouble? For that matter, if the audited report contradicts the loss figures reported in the previously mentioned press release, are they in trouble?

Just curious.

Kevin
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