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


To: De Peepster who wrote (13666)8/10/1999 2:12:00 PM
From: Radim Parchansky  Respond to of 15313
 
Barbara,
I asked Michael how many shares they will issue to the public, knowing they wanted to raise $6 million for current and future activities. They will issues less shares and only on as needed basis due to the share price.

I will call Michael on Friday to get the latest on SEC filling but he told me, as soon as they hear positive answer from the SEC they'll announce it right away.

Pirate



To: De Peepster who wrote (13666)8/10/1999 5:37:00 PM
From: Radim Parchansky  Read Replies (1) | Respond to of 15313
 
Pirate keep us posted on the latest rationalization, thanks.,, Barbara

At this point many are trading based on company ideas, so not to different from AOL years ago. I for one think the current price is not greatly undervalued based on what has been disclosed but until now their ideas are more important then numbers. This will however change soon, for one they'll be reporting and second i-net recent "clean-up" will help to see the better positioned companies.

With $5 mil revenues this year and PR's there's no way to tell where the price is heading but one thing is pretty secure, FNTN will be around for a while.

Again, my whisper numbers 300-500K rev's for the 2nd Q.

Pirate