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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: BHunt who wrote (10068)1/11/1999 4:43:00 PM
From: Wally  Read Replies (2) of 15313
 
B: I'm not even remotely concerned about a reverse split. A reverse split is a flat out ugly event. It so seldom leads to any positive outcome that I would be out of this stock in a New York minute if I even suspected that it was being considered. To hear that Michael Sheppard doesn't like them either is encouraging. Had he been even slightly wishy-washy on the subject I would have called him to make sure he wasn't drugged. Apparently we can rest easy. It's not part of the plan - and it's not going to be.
I don't see any part of this company's time-frame to success or current financial condition that would suggest that a reverse split has EVER even been remotely considered - at least since Michael Sheppard became President and CFO. FNTN is NOT a tapped-out equipment manufacturer sitting on unfinished widgets with nowhere else to turn. FNTN is a company with a low burn rate in a burgeoning arena that's PUBLICLY adding first class personnel to their team, showing promise of a short-term turnaround and getting free technical aid from one of the largest corporations in the World. Not you most likely reverse split candidate.
More likely, an undervalued player that's going places.
In short - I agree with you. It's indeed good to hear.
JUST my opinion. Take it for what it's worth.
Wally
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