1st Net Technologies ( FNTT ) Message Board

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Microcap & Penny Stocks : 1st Net Technologies ( FNTT )

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To: Brinks who wrote (179)	3/20/1999 1:18:00 AM
From: Greg Writer	Read Replies (1) of 1827

As of to day the company has over $300,000 cash and a approximately $200,000 in liquid securities in our brokerage account. Our burn rate is about $150k per month currently. Our income is approximately $80-120k per month. We are currently structuring a second round of financing in the $10+ million dollar range. Currently we are not concerned about running out of money. Fully diluted shares outstanding are approximately 6.2 million shares with 1.4 million in the public float. Greg Writer CEO 1st Net Technologies, Inc.

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