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

To: Bill Ham who wrote (13658)	8/10/1999 10:49:00 AM
From: Wally	Respond to of 15313

Bill: Assuming that these guys intend to be in business for the long haul (and their cost for the SB2A would suggest such an intent) a higher share count can rapidly become a critical necessity. One, available shares attract institutional investors. Two, it raises capital for future growth. The single highest cause of business failure is under-funding. If capital is "in the bank" (and not P'd away) a company has both the ability to expand and the ability to weather the predictable slumps that all companies experience. We don't think twice when large solvent corporations borrow money or dilute stock - we do question a start-up - and well we should.. which brings us back to the high value of attaining full reporting status and giving stockholders accessibility to critical information. Many of us have taken a major gamble in Financial Intranet and stuck with them through many bumps. FNTN has not too indirectly made a major commitment to us by filing an SB2A. While reporting is not the whole battle, I believe it currently represents about 90% of our angst due to urgency of time and basic trust issues. Thanks to CHorn's professional measure of FNTN's chances with the SEC, it sounds like we are extremely close to dramatically lowering our collective blood pressure. I for one won't miss the dizzy spells. Regards, Wally