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

To: Gary R. Owens who wrote (5762)	9/12/1998 12:57:00 AM
From: Wally	Read Replies (1) \| Respond to of 15313

Gary: I am far from the expert on this subject. Perhaps Robert or someone else can clear this up. My understanding is that FNTN has completed their Form 10 requirements and filed - If they have applied for AMEX, I believe the next step would be receiving a PLEO (Preliminary Listing Eligibility Opinion). There are about five steps for Amex listing. I'm not sure what the next step is on NASDAQ small cap. As I said, hopefully someone smart can confirm this info, clarify the process and timing of same. I have inquired as to the current time frame for a company to reach listing for both exchanges based on current demands. I will pass that info on to the thread if and when I hear back. Regards, Wally

To: Gary R. Owens who wrote (5762)	9/12/1998 1:00:00 AM
From: jpbp	Respond to of 15313

Not true Gary.... my understanding is they have completed their audit and filed their form 10 ...just a matter of waiting...we are on our way...further than some think (as the audit was completed about a month ago...tell me if I am wrong someone. jpbp