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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: Radim Parchansky who wrote (6064)9/17/1998 8:47:00 AM
From: ilh1  Read Replies (1) of 15313
 
"We have also worked on marketing & sales and audit. FNTN has small lose and virtually no debt and low burn rate. Financially FNTN is managed very carefully so we don't have debts and that's why we outsource some of the work."

This is a very important point regarding any BB company. If any company can keep the burn rate low with virtually no debt, and can generate sufficient contracts of revenue; that in itself is a BIG part of the formula for success. (This is the area that causes many BBs to fail, I am very please to see that FNTN is avoiding that pitfall.)

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