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

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To: Greg Writer who wrote (504)3/24/1999 8:42:00 AM
From: K A Anderson  Read Replies (2) of 1827
 
I was reading over the thread and this has been a most interesting learning experience, the way all this unfolded. Both on the FNTT side and the SI "doubters". I am not a shareholder and really dont know much about your company other than what FNTT has posted, but if you guys are doing what you say you are and follow through with it and make your company profitable, then all this will pass. But if you were trying to artificially inflate the price per share, to sale into the market buying, I think I would run for the hills now... not advice just an observation, only you guys know your intentions.

I am the CEO of an OTCBB, and have spoken with some of the "fab5" on numerous times via the phone, in personal messages and email. I never had the impression any of them represented the short sellers or market makers or whatever dark side force they are supposed to be affiliated with... in fact the impression I got just the opposite, they are a pretty sophisticated group of investors, albeit as out spoken as they are.

If you want to run the numbers of the types of OTCBB companies that have run various forms of investor abuse on SI, (I can think of 10 off the top of my head) these companies have cost the investors tens of millions of dollars, SI investors and posters wised up and now are on guard for things that dont look or feel right...

I think you guys when opened this thread and then tried the "infommercial" format it sent up red flags across SI. An idea that may have backfired. But I dont think a flame war with the doubters will help your cause either. If anything will throw up more red flags.

If you follow through with what you say your company can and will do, that will ultimately prove the doubters wrong, if you cant or dont follow through with what you have publicly stated your company will do, well... SI was probably not a good choice to experiment, gotta be careful with some of the doors you choose to open.

Good Luck with FNTT and this post is just my personal opinion and observation.

KAA

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