Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bill Fortune III who wrote (8452)	12/1/1998 9:15:00 PM
From: Tomato Man	Read Replies (3) \| Respond to of 15313

Bill, had a brief chat with MS today about the shareholders meeting. I was concerned because I had not received my proxy as of yet. MS said that I needed to check with my broker as they had all the material out to the brokers in plenty of time. He also said that if there is not a quoram, there is no reason to hold the shareholders meeting, because there won't be enough votes present to vote on anything. I have accounts with Waterhouse and Schwab and have received nothing from either. I will be calling tomorrow to get them on the case. As to the increase of authorized shares, I say WHAT IS THE PROBLEM! MS and MM and the rest of management are shareholders also. They don't want to see the float increase, unless it is for an acquisition that is a good match and will add value to the company. It would serve no purpose to simply issue more shares without getting something in return. They have a low burn and revenue coming in, why would they chop off their nose to spite their face. Doesn't make sense to me. I also don't want to tie management's hands. If they see something that they feel is necessary, I want them to have the power to get it. If the shares are not authorized all we have done is condemn the company to stay the same size it is right now for a long time. I say give them the freedom to operate. If you don't trust them, go someplace else and find managers you do trust. I for one have complete trust in MS and the proposed board. They don't need handcuffs, they need room to expand this company. Soooooo IMHO, if you don't have your proxy yet, get your broker on the stick and if you want to see FNTN grow, let them have those shares so they can get the job done. Tomato Man

To: Bill Fortune III who wrote (8452)	12/1/1998 9:34:00 PM
From: GregB	Read Replies (2) \| Respond to of 15313

Hi Bill After reading this thread and R&B I feel compelled to throw in my .02. When I first thought about investing in this stock and attempted to do my DD I found out very little. 1) Start-up company 2) Not reporting 3) OTC-BB 4) Rather interesting concept So I decided to check out management. I found them to be solid, more solid than one could expect running a BB company. Just for the hell of it I bought 1K of it. Then a couple months later I came across this thread and just lurked. I bought more just on the quality of the people invested because they sure knew more about investing than I did. I bought some more when it became apparent of some special relationship with Siemens. I again added to my position when Mr. Engelberger and Mr. Weller accepted positions as board members. Nothing, as far as I'm concerned, has changed. The reasons I bought in remain the same. Therefore, I have decided to vote yes on all proxy issues and let management do its job. Having said this, I am in complete agreement with all those that would like to have some news and sense of where we are now, and where we are going. Best Regards GregB