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


To: DayTraderKidd who wrote (14538)10/19/1999 10:55:00 AM
From: Dan Dieffenwierth  Respond to of 15313
 
Peaceful, I don't think it means JT has sold. The wording
previous to the listing is pasted as follows:

<The list assumes exercise of warrants and conversion of all <promissory notes issued to each of the selling securityholders.

This also includes all the others on the following list:

Ahood Sharbatly(1)
Zubair Kazi(2)
Ben B. Stein (3)
Garth LLC (4)
Cardinal Capital Management Inc.(5)
J.G. Capital, Inc. 6)
Joseph Theismann(7)
Corporate Capital Management Corp.(8)

We do know that Garth LLC won't be converted until October 20, 1999,
so the wording "assumes exercise".

Number (7) pertains to JT:

(7) Includes warrants to purchase 150,000 shares of common stock at an exercise price of $.75 per share. Mr. Theismann is a spokesperson for Financial Intranet.

And I believe JT's contract says these warrants can be
exercised in equal monthly increments over a certain time
period.

I don't think JT has sold, but if I'm wrong on any of this, please correct me.
Dan



To: DayTraderKidd who wrote (14538)10/19/1999 10:56:00 AM
From: Greg Hodges  Read Replies (1) | Respond to of 15313
 
Come on now don't be incompetent. I don't believe he even has ownership of the shares yet. If you look down on the next page it states:

(7) Includes warrants to purchase 150,000 shares of common stock at an exercise price of $.75 per share. Mr. Theismann is a spokesperson for Financial Intranet.

That is on page 38. Several others listed on page 37 you should go take a look at. For some reason my name is not on the list. I haven't figured that out yet:-)

Greg Hodges