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 Street who wrote (4344)	8/25/1998 10:48:00 AM
From: Cliff Daniel	Read Replies (2) \| Respond to of 15313

NEW YORK--(BUSINESS WIRE)--July 15, 1997 [snip] According to Michael Sheppard, chief operating officer for Financial Intranet, "The agreement with Worldcom is one of the foundations of our worldwide network. We expect it to begin to generate revenues immediately, projected to be $15 million gross, with net profits of $2.5 million during our first fiscal year." Financial Intranet currently has 4.8 million shares outstanding. Only 13 months go buy and they printed over 250% more shares. Are they filing the 144's and printing more shares to issue to themselves?