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Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN) -- Ignore unavailable to you. Want to Upgrade?


To: Bill Fortune III who wrote (3594)8/14/1998 10:28:00 AM
From: Kevin McKenzie  Read Replies (1) | Respond to of 15313
 
Ariella (or anyone who knows),

Regarding this statement in an Email from M. Sheppard: "What I can confirm is that one of the Company's missions is to file our form 10 and we have just completed this and are awaiting comments from our Law firm."

Is a company required to have completed an independent audit prior to filing a 10Q? If so, and this email from MS is accurate, can we assume FNTN has completed their audit?

I promise I'm not "pumping", I'm just asking.

Kevin



To: Bill Fortune III who wrote (3594)8/14/1998 10:28:00 AM
From: Bill Ham  Read Replies (1) | Respond to of 15313
 
Bill F. and Peaceful,

Thanks, based on responses received the last few days this train stop in almost over and we now see what direction it's heading! Great work! This REALLY is a FANTASTIC thread. I still don't know how MS finds the time to respond when he's got so many things going on. Oh well, glad we're all on the same team.

Bill



To: Bill Fortune III who wrote (3594)8/14/1998 1:56:00 PM
From: JW@KSC  Read Replies (2) | Respond to of 15313
 
FNTN Acquisition of IDB Question

After reading over FNTN Press Releases for the um-tenth time I have one question I'd like to see if someone has the answer to. Having seen numerous acquisitions of companies, and also having one of the companies I worked for in the past acquired, I'm interested in how will the acquisition of IBD be completed?

Will IBD become a wholly owned subsidiary of FNTN staying an independent company, or will IBD be fully absorbed into FNTN Inc.?

I would appreciate any thoughts, comments, on the above, or perhaps someone may already know the have the answer.

Below I've quoted Michael Sheppard's, and Dwayne Pass's comments from the Press release. I can not see anything that answers my question. I've only been a shareholder for 2 months, and have not read all the posts on the old thread, and may have missed a few here, perhaps someone out there has covered this before.

I'm very interested in the triangle of the FNTN acquisition of IBD and IBD's the strategic marketing alliance with Empire Financial Group Inc.

Thanks
JW@KSC