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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: C Horn who wrote (12590)5/27/1999 10:06:00 AM
From: De Peepster  Read Replies (2) of 15313
 
Dear CH,
Am reading through filing again.
Page 37 begins the Selling Security Holders info, from that area:
"Sales of securities by the selling securityholders or even the potential of such sales would likely have an adverse effect on the market prices of the securities being offered. Following the closing of this offering (which assumes the exercise of all warrants and conversion of all promissory notes held by the selling securityholders), 30,885,483 shares of common stock will be freely
tradable."
Also I have located the following link that actually is very good at explaining SB2 filings as well as many others, as I have found the Edgar explanations rather insulting in their lack of depth, lolo continued dumbing down effort I guess, anyway this link relates to the Selling Security Holders section of an SB2:
law.uc.edu

Whew what a learning processs!!!
Hey any thoughts to the Stock Option Plan mentioned on page 34 of the filing? I thought that was shot down by shareholders is this something different or what? No doubt I will have additional questions as I try to understand what is being said in this filing,
your continued assistance is very much appreciated.,, Barbara
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