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

To: TechnoWiz who wrote (1353)4/29/1998 3:06:00 PM
From: Michael T Currie  Read Replies (3) | Respond to of 2897
 
I have not been active on this thread for some time, but have been long for about 8 months. Today's news is great, but we should be asking how FNTN will pay for the acquisition. They are not exactly rolling in cash, which leaves only one method - stock. I think we can expect to see an increase in the number of shares outstanding, assuming the deal is consummated (remember it is a letter of intent). Nothing wrong with more shares if they are issued wisely, but we shouldn't be surprised when it happens. Mike



To: TechnoWiz who wrote (1353)5/1/1998 12:02:00 PM
From: Frederick Langford  Respond to of 2897
 
Finally got filled at 3/4. This stock has shown unbelievable strength. If she goes down from here, I'll add again.
Fred


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