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

To: BlueCheap who wrote (7775)	11/6/1998 9:51:00 AM
From: don roberson	Read Replies (1) \| Respond to of 15313

.73 and counting.

To: BlueCheap who wrote (7775)	11/6/1998 11:36:00 AM
From: Wally	Read Replies (4) \| Respond to of 15313

Malcolm & All: I have just received a response from Michael Sheppard to three recent questions I posed. Below is the Q&A followed by my personal conclusions. WH - Q1: Have all ends of the INTRAnet system been completed, tested & delivered? MS: yes WH - Q2:. Are you getting the revenue stream you were expecting for this quarter? MS: It is starting to ramp. But it takes at least 30 days to provision than there is a 30 day period of billing then the bill goes out. WH - Q3: Where are the phone cards promised to everyone who filled out the questionnaire on your internet site? MS: They are on the way. WH - My Personal Conclusions: 1. A totally working Intranet is very good news, Period. 2. Please note in answer #2 that custom delivery ("provision") to a new client takes approximately 30+ days. This is critical. Assuming they are making sales, it means they are close to or already receiving cash flow. As I have previously mentioned, usage and billing works almost exactly the way any basic telephony contract works so revenue is rapid and constant. 3. As far as the phone cards - it's no big deal, but the question has been asked and I wanted to know that FNTN intended to honor that commitment. They haven't forgotten. For me, this response has clarified two very important questions concerning deployment and revenue expectations (not numbers - just that FNTN is on target for revenue flow this Q). I hope this information has been helpful to you, too. Regards to all and good luck, Wally