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: don roberson who wrote (3787)	8/18/1998 7:08:00 PM
From: Motlink	Read Replies (1) \| Respond to of 15313

1% of 16,000,000 IS 160,000. Per the 144's the number has to be 16M. Let's move on! Tom in WI

To: don roberson who wrote (3787)	8/18/1998 7:12:00 PM
From: Kevin McKenzie	Read Replies (1) \| Respond to of 15313

Don, First and foremost, as Bill has intimated, only the FNTN officers can put out this fire. The facts are: Per the April 20 press release there were 16,183,877 shares outstanding. 205.185.55.112 Per the July 15, 1997 press release there were 4.8 million shares outstanding. 205.185.55.112 Per TMK's recent conversation with Maura: "all insiders have the option to sell 1% of their shares every quarter, which even if they did exercise, should not mean anything to us investors". Given that Maura and Michael have each filed to sell 160,000 shares, this implies they EACH own at least 16,000,000. So that implies authorized shares of at least 40,000,000 (16,000,000 MS shares + 16,000,000 MM shares + 8,000,000 SI shares). This is an issue that Mr. Sheppard can clear up quickly and easily. That's all I'm saying. Kevin