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

To: Lynn who wrote (4165)	8/22/1998 4:03:00 PM
From: Bill Fortune III	Respond to of 15313

Hi Lynn and welcome. You are incorrect in the statement "I saw that there have been insider sales" there in fact have been no insider sales to date. This item has been discussed in great detail in previous posts so all I will do is point you back to the link you used and take it a couple of steps further. Your Link: biz.yahoo.com My reference links: (PLEASE CHECK THROUGH THIS INFORMATION) biz.yahoo.com EXCERPT FROM THE ABOVE LINK: Form 144: Intention To Sell Restricted Securities Form 144 filings are indicated by ''Planned Sale''. Form 144s must be filed as notice of the proposed sale of restricted securities. Restricted securities are those that are acquired directly or indirectly from an issuer or an affiliate in a transaction (or chain of transactions) not involving a public offering. An insider may file a Form 144 and not actually complete the sale. If the sale was completed, the insider should have filed a Form 4, indicating the transaction was completed. Form 144s contain additional information which may be beneficial. The data includes the name of the brokerage firm, insider's address, phone number, and the dollar amount of transaction. The amount of stock an insider may sell is ''restricted'' by a number of factors, such as shares outstanding, trading volumes, etc. The Form 144 must be filed prior to, or on the approximate date, of sale. When searching for Form 144s, keep the following considerations in mind:  The filing of Form 144 is not required in any case where the amount of stock to be sold during any three (3) month period does not exceed 500 shares and the aggregate sale value does not exceed $10,000.  If the seller does not sell all the stock covered by the form within 90 days after the filing, the filing process must be repeated before the commencement of further sales, except in cases where the passage of time has extended the seller's holding period. UNTIL THE PRICE COLUMN HAS AN ACTUAL PRICE IN IT NO TRANSACTION HAS TAKEN PLACE. As a matter of fact out of the twelve listed on the link you posted only six of those are valid possible sales as you will see after you read my link information. Hope this helps clear-up this situation for you. Regards, Bill Fortune III

To: Lynn who wrote (4165)	8/22/1998 4:07:00 PM
From: Bill Fortune III	Respond to of 15313

Hi again Lynn, One other link I forgot to give you in my previous post which can be very helpful as you do you DD, that one is: FNTN InvesorNet home.swbell.net Regards, Bill Fortune III

To: Lynn who wrote (4165)	8/22/1998 4:19:00 PM
From: JOHN WHITE	Read Replies (1) \| Respond to of 15313

Hi Lynn, Check again. You're looking at potential sales (if they want to). Most of those who filed to sell - if they want to - already own tens of thousands or hundreds of thousands of FNTN shares and have no need to make any purchases. Most of the shares FNTN management owns were probably given to them as part of a package deal to entice them to come to work for FNTN. Hope this helps, John