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: Radim Parchansky who wrote (9989)	1/8/1999 8:14:00 PM
From: don roberson	Read Replies (1) \| Respond to of 15313

I hope the issue of too many shares does not result in a reverse split. That will be a red flag to future investors that management will pull the rug from under them. Especially if it is done at a time where it will have little effect on the price. Some BBs are known for churning the stock, issue more, then reverse split, issue more then reverse split. It becomes the dilution game. If FNTN has the blockbuster product, then the share price should rise significantly. Thus giving FNTN a multiple in value of the 25 million shares they have in reserve. Some of these internets started out with a small quantity of shares, but they increased the shares by SPLITTING THE STOCK, not issuing more. Thus benefiting the stockholders. So, the companies didn't really gain that much, depending on how many shares they had in house. We have benefited by the low price, thus enabling us to buy more shares. Reverse splitting should be the last resort to saving the company. It was bad enough seeing another 25 million shares put into the kitty. It is doubly annoying to me because months ago I was warned about such from an investor that has since moved on. So it takes me just that much more of a leap of faith to keep on. If profits increase dramatically, and the share price is way undervalued, they can always buy shares back.