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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: watcher who wrote (11557)3/22/1999 6:34:00 PM
From: C Horn  Read Replies (2) of 15313
 
SEC Form 4

The following can be obtained from
the Glossary of SEC Filing Types
on the Freeedgar Web Site:

Forms 3,4 and 5

Every director, officer or owner of more
than ten percent of a class of equity securities
registered under Section 12 of the '34 Act
must file with the Commission a statement of
ownership regarding such security. The initial
filing is on Form 3 and changes are reported on
Form 4. The annual Statement of beneficial
ownership of securities is on Form 5. The forms
contain information on the reporting person's
relationship to the company and on purchases
and sales of such equity securities.

Since the shares of FNTN are not yet registered
under the '34 act, it doesn't seem any more
appropriate for MS to file Form 3,4 or 5 as it
would for any other shareholder to file form 3,4
or 5. The filing would likely be ignored by the
SEC.

CH
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