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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: BHunt who wrote (12682)6/2/1999 3:38:00 PM
From: De Peepster  Read Replies (2) of 15313
 
Dear BH,
From the SB2:
Video conferencing
Financial Intranet has begun testing point to point and point to multi-point video conferencing to facilitate both marketing and training. A client, such as a mutual fund, can now schedule a point to multi-point live video conference. Scheduling information is accessible to the client on Financial Intranet's private intranet. Financial Intranet's intranet can transmit full screen downstream video (originator to viewer) at 30 frames per second. The upstream
video (viewers to originator) is delivered at 5 frames per second, a sufficient quality for the originator to be able to identify who is asking a question. We provide video conferencing hardware to clients. We currently lease or purchase the required equipment. Our ability to expand this service is constrained by our lack of equipment. We lease or purchase additional equipment on an as needed basis as we secure additional demand for our service. We believe that purchasing equipment with the proceeds of this offering will enable us to
have an inventory of equipment and obtain equipment on better terms than continuing to purchase equipment on an as needed basis. We intend to use a portion of the proceeds of this offering to purchase additional equipment, if we receive proceeds of $1,000,000 or more.

Any thoughts to what has changed from the filing to what you were told today? Or are they adding software that is available on the net already to the Internet site?,,, Barbara
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