SNNT - Synthonics Message Board

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Technology Stocks : SNNT - Synthonics

SNNT 0.00

Sep 17 5:00 PM EST

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To: John B. who wrote (192)	5/18/1999 11:21:00 AM
From: John B.	Read Replies (1) of 209

To anyone still interested. SNNT filed their 10KSB last week. Some highlights: 1. Revenue for the first quarter 62.5K vs 26k last year. Not great but some of the revenue stream is from Evans&Sutherland and Smithsonian ongoing projects. This should help establish an ongoing stream. 2. Stock options were repriced for management and key individuals to .20. Even though this ticks me off, since my stock doesn't get repriced, it is actually a good thing. I'm sure there are possibly one or two truly key individuals that are worth keeping through this turmoil. If this helps then it is worth it. 3. Leroy Speirs has resigned as a director and chairman of the board due to health reasons. As my last message mentioned we are at "Blood in the Streets" time. The company's cash is less than my son's piggy bank, but there is also potential. There is now two board positions open, soon to be three as Ron shouldn't last long now that LeRoy is gone. Work is happening on the funding, and if that succeeds it will mean many new faces driving the company. At this point, with the base technology in place, there is not much downside risk. just my optimistic opinion. Gotta go now, medication time back at the sanitarium! JB

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