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

To: J Spragg who wrote (7417)10/15/1998 8:44:00 AM
From: Tom C  Read Replies (1) | Respond to of 15313
 
Jim,

Why would they have an Initial Public Offering (IPO) when FNTN appears to be a public company right now? How would selling more shares to the public raise the price? If anything it would lower the price. If FNTN wants a NASDAQ listing all they have to do is meet the requirements (easier said than done) and apply.

Tom




To: J Spragg who wrote (7417)10/15/1998 2:40:00 PM
From: Markus  Read Replies (1) | Respond to of 15313
 
J Spragg, that was the exact thought that I had, however, I'm not sure if the same requirements apply to an IPO as to a company trying to make a move up from BB status. If anybody has any info on this it would be greatly appreciated; I will try and find out as well.

Markus


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