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

To: Eric G. Erpenbeck who wrote (624)	1/14/1998 7:34:00 PM
From: blair holder	Read Replies (1) \| Respond to of 2897

Eric: I spoke to Michael Shepard this week. One of my questions to him was about their cash needs. I understood that they were ok presently and were NOT looking to add shares or dilute the present shareholders. When asked what if greater needs developed he added that if further cash were needed they would look to senior debt instruments. In November last year I know they were anticipating immediately some income beginning from the WCOM long distance contracts they arranged. Last Nov. I believe it was .09$ per minute flat fee charges for any companies interested. They have the same interests we do. BH

To: Eric G. Erpenbeck who wrote (624)	1/16/1998 8:38:00 AM
From: Robert W. Dog	Read Replies (2) \| Respond to of 2897

<<It would be interesting to know Mike Shepards plans for cash (ie no dilution, warrants or options) and his true feelings as to anticipated number of subscribers...>> Eric, I do think Shepards position is closely related to the stock price. Last October the stockprice went down from 0,25-ish to as deep as 0,14 on hugh volume. Senior management (Mr. Stines) selling stocks as well. Initially we (this thread) couldn't explain this drop since we couldn't see any reason for it. Shortly after this it was announced that Kevin Haggerty was to join FNTN, fueling the stock price to 0,60+. It then was assumed that the stock price was gradually taken down to load a big number of shares, which were to be given to Haggerty and most likely senior management bought in back as well. If the latter is true and Shepard holds a large number of stocks, that means that he has great interest in a high stock price as well. If FNTN, as announced, will be a fully reporting company by Q2 98, we will have a better view at Shepards stock position, and thus probably our own as well. Anyone any comments? Robert