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: Kevin McKenzie who wrote (4221)	8/24/1998 12:14:00 PM
From: Speedster	Respond to of 15313

the authorized shares can be issued by the Board. Who is on the Board? to increase the authorized shares--you need shareholder approval. Why is MS not willing to discuss this issue? What's up??

To: Kevin McKenzie who wrote (4221)	8/24/1998 12:27:00 PM
From: don roberson	Read Replies (1) \| Respond to of 15313

Considering what we feel is the potential of FNTN, is 19.5 mil shares really that much. Sure, I'd like to see it a lot less, because then more upside pressure, but lets not start running to the theater doors yelling fire. Although the last batch of popcorn was overdone.

To: Kevin McKenzie who wrote (4221)	8/24/1998 12:29:00 PM
From: Dan Dieffenwierth	Read Replies (3) \| Respond to of 15313

Kevin, the higher number of issued shares may have something to do with the acquisition of IDB. Also the authorized total does seem low to me. This can be increased with majority vote. Something else to think about, with such a small number authorized and a small number left unissued, there aren't enough left to have a split in shares unless there are more issued. Any thoughts on this, anyone? Dan

To: Kevin McKenzie who wrote (4221)	8/24/1998 12:46:00 PM
From: Cliff Daniel	Read Replies (1) \| Respond to of 15313

Total authorized shares: 25,000,000 Total outstanding shares: 19,508,463 Then how many shares are in the float? Lurker's corner lists that shareholders hold over 8,000,000 shares right now. Holding 100% of the float is far fetched. If the count was in fact true then that would mean the float was probably around 10,000,000 shares in that case the shareholders would own the company. Something isn't right here. Does that really mean 25,000,000 restricted and 19,508,463 in the float? Hmmm.