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


To: DayTraderKidd who wrote (13755)8/16/1999 6:36:00 PM
From: Radim Parchansky  Respond to of 15313
 
I think this can have negative impact on the stock price as small trades can bring the price down. The investors have heard over a month ago that only signatures were missing, so at this time it would be difficult to estimate the actual time of SEC approval IMO.

Revenues in a vicinity of 500K can however change the situation but the actual numbers have not been released yet, again until those are out the price will can go lower.
IMO since management is not pushing the revenues out (PR) they might not be as high.

No new deadline has been set yet for any of the above, which again is a negative for the price.

Overall this has not been a welcome news as the company has so far relatively negative record in terms of accomplishments this year at least as much as investors can see from PR's and management letters (this is the second time SEC approval has been postponed).

Pirate