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


To: dharampal luthra who wrote (9485)12/26/1998 5:03:00 AM
From: De Peepster  Read Replies (1) | Respond to of 15313
 
Heyy Harry,
Good Morning to you!
SEC Filing Costs:
While actual costs can differ for each Company thought it would be interesting to see as an example.
Filing the Form 10 and then the quarterly 10-K's and 10-Q's:
accounting costs $70,000
legal fees $50,000
proxy fees $30,000

In this example becoming a reporting company would cost the Company an extra $150,000 annually. We can expect these types of costs going forward, an expense we look forward to!!!!!
AMBTS,, Barbara
P.S. While it seems a small amount of money (in this example), depending on how much is absorbed in the 4thQ, it may effect EPS disproportionately, beyond that a mere line item as revies increase.



To: dharampal luthra who wrote (9485)12/26/1998 11:39:00 AM
From: GregB  Respond to of 15313
 
Hi Harry

Glad to hear from you, sounds like you are having a festive holiday season. I viewed the videos the same way you did with Netscape at 28.8k.

HAVE A GREAT NEW YEAR!!!!!!!
GregB