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Microcap & Penny Stocks : Financial Intranet Inc. (OTC:BB:FNTN) -- Ignore unavailable to you. Want to Upgrade?


To: Yeshua who wrote (532)11/24/1997 1:55:00 AM
From: Due Diligence  Respond to of 2897
 
Thanks for the info!
Jimbo



To: Yeshua who wrote (532)11/24/1997 2:18:00 AM
From: T.M.K.  Read Replies (2) | Respond to of 2897
 
Yashua,
Thanks for the info. I guess we all have to wait at least till January when they are on-line.

Only then we may see some changes.

By the way, please correct if Iam wrong, if they have 9 Mil. shares floating and expect around $ 15 to 16Mil of revenue by 1998 or less than half by beginning of 98. This means that the stock price should be in the range of $1 to $1.6 at least.

Your comments are appreciated.

Regards

TMK



To: Yeshua who wrote (532)11/24/1997 10:48:00 AM
From: charles messick  Respond to of 2897
 
Joshua,
Thank you for the report. I have a concern though. Having been burnt a couple of times on reverse splits, the NO COMMENT you recieved to that question is a bit disconcerting. Were it not being considered I would think the most atractive responce would have definatly been NO. Proceed with caution.

Thanks again,
Chuck Messick



To: Yeshua who wrote (532)11/30/1997 1:35:00 PM
From: rickd1  Read Replies (1) | Respond to of 2897
 
A few of the responses from management bother me.

1. No comment is not an adequate answer on the reverse split question. I would have been much happier with a resolute NO. Leads me to believe that they consider this an option.

2. How much cash/burn rate. Why is management unwilling/unable to provide any financial information to the OWNERS of the company.

3. I dont follow the stock price on a daily basis. What kind of answer is that?? You question pertained to the stock price over the past year. Its lost 96% of its value!!

Fortunately I didnt buy in the IPO at $7. I would be on management's doorstep protecting my investment if i had.

I am positive on this stock and the product but managment must be more forthright with its shareholders. I sent for an investor package and all they sent me was a few copies of press releases (sent directly from humancash no less!!).

Positives:

Empire Financial, Inc. does exist their website is indexed in Yahoo!

Small float can magnify any positive news into a big run up in price.