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

To: dharampal luthra who wrote (13657)	8/10/1999 6:28:00 PM
From: dharampal luthra	Read Replies (2) \| Respond to of 15313

LURKERS' CORNER: Hi Harry can you post this for me I will be the last post for a wile Thanks worldpm Yesterday i was watching TV and sow a persconference from deutsche telecom and one 2 one (merger) And they said in this perconference two time something about corporate intranet. So for me, the time is comming for corporate intranets. And so far i know there are not much company in the us who can do this. This is the mean reason for me to invest in this company, But you have to know exactly what the company want to do and transslate it to how things are going now. And it is like the internet 4-5 year ago even then a lot said I CAN NOT SEE IT Read this ( and do not fall a sleep) > > Financial Intranets an emerging media and communications company providing > specialized services to the investment industry. > > Financial Intranet's cost of revenue consists primarily of telephone > communications lines and the internet access and hosting expenses > required to support and deliver Financial Intranet's communications services. > Financial Intranet principal source of revenue is income from the resale of telephone > and data communication. > Financial Intranet,delivers services to the investment community. Financial > Intranet's initial objectives are to obtain a share of the telephony > resale, market by offering value-added services to broker/dealers and financial > advisors and providing mutual funds and other investment managers with a > cost-efficient method for distributing information about their products. > > To accomplish these goals, Financial Intranet and its technology > partners have developed a secure intranet capable of delivering high quality > narrow-band video-on-demand. They currently resell telecommunications services to > broker/dealers. Broker/dealers and financial advisors who are subscribers of > Financial Intranet can now use the same communications lines for the > transmission of voice, video and text data and receive immmediate access > to information about mutual funds. Mutual funds and futures traders can use > our intranet to provide product information to broker/dealers using > interactive video teleconferencing, video-on-demand, digitally stored text and > graphics. > Mutual funds and investment managers can use the private intranet to > distribute their documentation to broker/dealers and financial advisors. they believe > that the mutual funds and futures dealers can distribute their documentation > via our intranet at lower cost than printing and physically distributing the > same materials. Financial Intranet intends to offer its network to deliver > continuing education courses on series and ethics material to broker/dealers on an > ongoing basis. > > They maintain a web site at www.fntn.com for individual investors. Our web > site also offers financial information to individuals. These individuals > provide historical information about their investment practices which we collect > and analyze. If the individuals consent, we provide this information to > broker/dealers who specialize in the sectors in which the individual > expressed an interest. These broker/dealers are subscribers to there communications > services. They will use the generation of leads as a marketing tool to > sell communication services to broker/dealers. Revenues will be generated > both by the resale of telecommunications services bundled with value-added services > to subscribing broker/dealers and from fees from mutual funds for the use > of Financial Intranet's network and access to its subscribers. > > > The key element of Financial Intranet's services to the investment > community is the resale of discount, long distance telephony and other communication > services to broker/dealers and financial advisors. Voice, video-on-demand > services, text, and digitally-stored documents share the same network connection to each > customer's office. Financial Intranet has a reseller agreement with > Frontier. > > > Financial Intranet is permitted to provide interstate and international > long distance service. Financial Intranet tariffed in New York, Florida, > Connecticut, Texas and California to provide intrastate toll telecommunications > services and> in anticipation of entering the local resale business. We are registered > in New Jersey and Colorado where no tariffs are required. We have tariffs > pending in Georgia, Illinois, Massachusetts, Pennsylvania and Maryland. We are > permitted to offer intrastate toll telecommunications services in four other states > without filing a tariff by either filing a registration or commencing > operations. > They intend to engage in development of a voice-over internet protocol. > This feature will enable us to facilitate the transmission of voice and other > communications over the Internet. > > Video-on-demand training and marketing > > Financial Intranet now offers video conferencing and video-on-demand > services to provide flexible distance learning opportunities. These services permit > customers to conduct live training or informational sessions via > teleconferencing and to access pre-recorded materials through > video-on-demand. > > They can provide video-on-demand training and marketing applications. > These applications use stored video content, and are available on demand to > Financial Intranet's customers via its private intranet and to individual > investors at its web site. For broker/dealers, this content will include materials > regarding various investment products. Financial Intranet and mutual funds are > jointly developing materials related to their products. They are also developing > there own content. The content can range from videotapes of teleconferencing > sessions to customized materials with data, video and text. > > > Content is delivered at different speeds depending on its destination. > Broker/dealers receive video and detailed sales fulfillment material at > high speed and have direct contact with mutual funds. Financial Intranet's > video image occupies one quarter of the screen of the desktop computer and > does not interfere with access to real time financial data. Individuals have > access to more general information and can access stored video and > digitally-stored documents , including prospectuses. The digitally-stored documents are > delivered at the transmission speed available to them. > > > 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. > > They 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. > Financial Intranet intends to offering and develop a system for delivering continuing education training to broker/dealers This system will track the progress of a broker/dealer's registered representatives and provide courses appropriate to their requirements and skill levels. They do not anticipate developing this system. > > Individual investor web site > > Financial Intranet recruits prospective investors as leads for the > broker/dealers, financial advisors and mutual funds, who subscribe to > our > communications services. The web site is a mechanism to deliver > multimedia > information and education to individual investors while capturing > information > about those investors. A continuous background feature is the provision > of > > They have concentrated on the investment industry. Financial Intranet > believes this industry will benefit most from our information and communications > services and that the investment industry presents the most immediate opportunity > for revenue. Financial Intranet hopes that as it becomes established as a > provider of financial services information, we will capture a larger portion of > the long distance resale business. > > They plan to expand our intranet services to other industries and > associations. They are examining expansion into pharmaceutical and health products, real > estate, insurance and entertainment industries. We believe these industries can > benefit from our telecommunications products and from participating in an > industry-centered intranet. We intend to focus on industries which rely > on distributors of their products and services or need to train > geographically dispersed sales people. > > Financial Intranet intends to expand from the eastern United States > throughout the United States and possibly Europe and the Pacific Rim. Overseas > expansion may entail adding data centers or implement collocation agreements to > service those markets and provide Financial Intranet with a redundant data > source. We will not be able to add additional data centers unless we complete a > maximum offerin or obtain financing from another source. We are unlikely to > attempt to expand to reach customers based overseas within the next 12 months > unless we complete a maximum offering. > > They 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. > > > Mutual fund information services for financial sales professionals > > Financial Intranet believes it has no direct competition providing > mutual fund information to financial services professionals such as broker/dealers > and financial planners. The large brokerage houses have long had internal > systems for the redistribution of mutual fund data to their employees. These > systems use data replication to replace paper distribution of mutual fund sales and > marketing materials to in-house brokers. > worldpm ---------------------------------------------------------- Orlando, it is a pleasure to post your messages. Send them whenever you want. pal@pacbell.net ----------------------------------------------------------- Lurkers Corner is a regular feature of the FNTN board on the Silicon INvestor. Lurkers are welcome to send any thoughts and ideas for publication here. Please indicate in your e-mail whether your name should be withheld. Send your letters to : pal@pacbell.net -----------------------------------------------------------