A Closer look? In the PR dated April 20, 1998, FNTN stated loss as of Dec 97' of $587,000. New Pr dated Dec. 17, 1998 states that same loss for De 97' of $804,158. What happened to the difference of $217, 158.00 ?
Next. April 20, 1998 showed outstanding shares of 11,444,000. PR from Dec 17, 1998 showed outstanding of 10,932,883. What about the difference of 511,117 shares?
Per Dec 17, 98' PR, there outstanding shares almost doubled between Dec. 31, 1997 and Sept. 30, 1998. What happened to the 8,647,580 shares?
April 20, 1998 Pr stated profits by 3rd qtr of 98'. Now they say profits will be latter part of 1999. What happened to the profits of 3qtr. 98' ?
Total loses for 97' and 98' were $1,232,184. Assets per Dec. 17, 98' PR show total of $836,192. What happened with the difference of $395,992.00 ? We know they did not pay salaries because said they must sell 144 stock to live.
It seems that they may need to change auditors. The numbers keep changing. |
