SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN) -- Ignore unavailable to you. Want to Upgrade?


To: Tomato Man who wrote (15132)3/30/2000 10:33:00 AM
From: DesertRat1  Read Replies (1) | Respond to of 15313
 
TMan,

The letter was a nice addition to the press release. It probably addresses many of the questions that people have. It's great that management would do that.

On the negative side, some of it appears to be "priming" for a future request by management to the shareholders for increasing the authorized shares:

RE:"In fact, Executive Management has deferred the right to exercise any options until such time as the shareholders increase the number of authorized shares."

RE:"Hopefully we can continue to identify companies, both here and in China through LNT and the investment advisors we used, and execute on this growth strategy, subject to the authorization of additional shares by the shareholders."

What do you think? Anyone?

TIA, DRat.