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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 (9816)1/5/1999 12:53:00 AM
From: The Philosopher  Read Replies (1) of 15313
 
do you own DD

HOW? How can you do DD without facts, without information?

If you missed my earlier post on this, I won't restate it here; check the post at

Message 7100742

Correct me if I am wrong, but I believe you have posted basically the same information now for about 6 months, just moving the timetable: the basic information being: we will be a reporting company in X months, we will have customers in X months, we will have financials in X months (and frankly as a former corporate VP of finance I do NOT consider what they put out to be even remotely "financials"), we will announce contracts and customers in X months. Correct me if I'm wrong, but isn't this basically what you have been posting from MM and MS for months?

Not, believe me, to attack your credibility; I have no doubt of that. But to question whether you are being used to pass along information which may be misleading or not completely accurate.

Just out of curiosity, can you point to a single major event which you posted from your conversations with MM or MS which came true within the time frame you were told in your conversations? There may be one or two, but they don't include: financials, sales, contracts ... basically, the things a company needs to survive!

Back to the issue at the start of the post -- what is there to do DD ON with this company? How can one do DD on mere rumors, a web site put up by the company, financial information which changes GREATLY between unaudited release and eventual audited release 9 months later, (makes one wonder what will happen to the 3Q unaudited results when (if?) they are ever released as audited results, maybe in a year or two).

I belive in DD. But I believe you need some FACTS to do DD with!
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