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

To: Wally who wrote (7026)	10/1/1998 4:55:00 AM
From: TechnoWiz	Read Replies (2) \| Respond to of 15313

Thankyou Wally for your excellent report and DD and for finally clarifying this point. Rgds to all Wiz

To: Wally who wrote (7026)	10/1/1998 11:34:00 AM
From: The Philosopher	Read Replies (2) \| Respond to of 15313

FNTN is currently not a reporting company and therefore is not expected to produce quarterlies. I think it's more accurate to say they're not required to produce quarterlies, not that they're not expected to. IMO, most companies who are working toward reporting status issue quarterlies to give potential investors (particularly funds that are not permitted to or won't invest in BB stocks but will start looking at a company when they are reporting) a longer track record to look at and to give some confidence in their ability to produce quarterlies and their interest in providing adequate information to investors. Also, even for a nonreporting company, I think it's a responsible move to keep the owners of the company reasonably informed of progress. IMO, this is one of those differences between what's legal and what's right.