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Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN) -- Ignore unavailable to you. Want to Upgrade?


To: Fredman who wrote (12756)6/7/1999 12:14:00 PM
From: J Spragg  Read Replies (1) | Respond to of 15313
 
Fred....the 'Spring Letter' from management can be found on the FNTN web site. Please take time to read it. I applaud MS & MM for keeping the shareholders informed. I'm with JW.....the next few months are going to be exciting.

jim



To: Fredman who wrote (12756)6/7/1999 1:47:00 PM
From: JW@KSC  Read Replies (2) | Respond to of 15313
 
Re: Spring Letter'....... how do i get a copy

Fred,

You guessed it, the Spring Letter is Highlighted on their Home Page.

I did not take your comments as argumentative, if you perceived my post that way, perhaps I put to much into the meat of my post and not enough into my Salutations, my humble apologies.

All i am saying is, we have seen and heard dates come and go, why should this time be any different ?

Perhaps it's because months ago when FNTN filed for the first time like all of us who do something very in-depth for the first time, we don't know what is fully expected of us. Now that they have been though it a few times they we're bettered prepared.

Let's also face the fact that the Media Releases have most likely been on hold until fully reporting status has been achieved, as well as other points I brought up in my previous post.

You and a few others here should be very VERY rich in 60 days..... and i will be a little rich.

Fred, I don't expect to be VERY rich in 60 days, it will just be nice to see the rocket will get it's long over due lift off, but it's a long way to Mars. The average trip to Mars takes about 6 months, around which time we should be entering the Nasdaq Orbit.

I'm a very patient person with long term holdings. The Stock that will make me a million or two is not FNTN, though it should add substantially to the bottom line. OTC:BB NTAH is the one that will make me VERY RICH from the BB World, and again here I have lot's of patience, and knowing what I have in NTAH, is far beyond what I could have ever had hoped to find with my DD in BB's.

Other long-term holdings in CSCO, LU, TXN, QWST, etc. is for my Retirement, BB's are just to keep me VERY happy until then.

Best Regards,
JW@KSC



To: Fredman who wrote (12756)6/7/1999 2:01:00 PM
From: Wally  Read Replies (1) | Respond to of 15313
 
Fred re: " i have heard several times in the past that FNTN 'will become a fully reporting company and be listed on NASDAQ within 3 months'
If you read that prediction on this thread, it was either somebody's error in understanding the process or else an error of wording. I believe that the earliest point in time that NASDAQ smallcap listing could take place would be the beginning of next year. As you probably know, NASDAQ listing is a separate animal from being a reporting company - however, I agree with Jim Wilkinson's comments about the fireworks being timed around basic reporting status. No institutional investment concern will touch FNTN until they are reporting. I have been saying that since last year when a VP friend at Smith Barney explained the process. For one thing - non-reporting companies are too risky for a major brokerage. Additionally, if a large brokerage bought FNTN shares for their clients, that broker could accidentally end up owning the company - and that's not the business, nor the desire of a brokerage.
Once FNTN is both reporting and listed there will be enough shares at a high enough share value to prevent accidental ownership by any one brokerage.
Finally, from the point of view of FNTN, I guarantee that they would rather not show up on the investment community radar until they are reporting. To announce great accomplishments in the absence of having reporting status would be a terrible waste - the proverbial tree falling in the forest.
So IMO, Jim's safe in his 60 day prediction. IF those business successes are in place now, or at reporting time, FNTN will time the release of positive news to coincide with its reporting status. My only disagreement with Jim is over the amount of days before FNTN actually starts to take off. Mid July is the predicted time period for FNTN to reach reporting status. That's less than 40 days from now. I believe that the stock will begin to climb from its current levels in anticipation of that event, and that other pending and positive news will be released to coincide with reporting news. In short, I'll go on record for 45 days as the timeframe for FNTN's major move. Of course, if the SEC demands another round or two of paperwork from FNTN, both Jim and I will have lost that bet. Either way, the smart money will still be on FNTN. If they can pull it off with the current filing, all the more power to 'em.
regards from your racing pal,
Wally