Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: The Philosopher who wrote (280)	7/10/1998 1:15:00 PM
From: TechnoWiz	Respond to of 15313

Chris: Nobody has sold anything as far as I can see. Looks like a re-file, (presumably, in anticipation of acheiving much higher prices), as the older filings have since expired. I thought we'd gotten over this issue Rgds Wiz

To: The Philosopher who wrote (280)	7/10/1998 1:31:00 PM
From: Bill Shroka	Respond to of 15313

According to Yahoo, no one has sold any shares. These are only Form 144 filings, which gives them the right to sell. None of the insiders can sell their shares whenever they want, they must file a 144 first. If you look at the transaction history, you will see that most of the officers are filing a 144 monthly, but there are NO sales listed. Of course, they show only the last couple of months, there could have been earlier sales that I'm unaware of. If I was an insider in a small company, I would always have a current 144 filed just as insurance in case I need some quick cash. Remember that many officers of smaller companies get shares in lieu of a high salary. The only way they can sell any of these shares is by first filing a Form 144. When we start seeing Form 4s, then maybe we should start worrying. These are actual sales and that could be a problem, depending on the percentage of holdings that are being sold. Just my opinion.