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

To: Tom C who wrote (7418)10/15/1998 10:25:00 AM
From: Kevin McKenzie  Respond to of 15313
 
True. By definition an initial public offering can only be made when the company is not already publicly traded.

They could do a reverse split (ie, 1 for 10) to raise the price temporarily, but that would probably be a huge mistake, because the price on reverse splits sometimes moves back down toward the pre-split price.

FNTN must produce real verifiable results before their price approaches the $4 minimum.

Kevin


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