THNS - Technest Holdings (Prev. FNTN) Message Board

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Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN)

THNS 0.00

Jun 7 5:00 PM EST

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To: Radim Parchansky who wrote (12678)	6/2/1999 3:47:00 PM
From: De Peepster	Read Replies (1) of 15313

Dear Radim, Re: Q: M&A? PIRATE: <See me on chat for that>" From the SB2: We may also expand through the acquisition of companies that provide complementary services. We are considering an acquisition of a company that sells communications services. Discussions regarding the potential acquisition are in the preliminary stage and no terms have been agreed upon. The contemplated acquisition is not probable at this time. Any acquisition that requires payment of a cash purchase price will likely require financing in addition to the proceeds of this offering. Other issues to be resolved in an acquisition include the assimilation of the operations, management and products of the acquired companies. We can't be sure that we will complete any acquisitions. As they state it is not probable at this time, any thoughts to what has changed? Can we anticipate further share issuance?,,, Barbara

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