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

To: Radim Parchansky who wrote (9825)	1/4/1999 10:21:00 PM
From: Tom C	Read Replies (1) \| Respond to of 15313

Radim, Please explain how you can have an Initial Public Offering when there are already 19M+ shares outstanding? Is fntn going to buy back the existing stock and go private, then IPO or are you just preparing for a secondary offering? i.e. more dilution since additional share are offered to the public. Tom

To: Radim Parchansky who wrote (9825)	1/4/1999 10:24:00 PM
From: jean1057	Read Replies (2) \| Respond to of 15313

But would that mean that our current shares would be accounted 1:1 or would we see a reverse split scenario for our shares...as I can not understand how there could be a new IPO with arond 50 million shares outstanding??? somehow I seem not be able to understand a "renewed" IPO....any comments appreciated..... I am long anyhow on fntn....already for over 1 year....added some more last week...thanks for any explanation that clarifies that point...