SI
SI
discoversearch

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: JOHN WHITE who wrote (11194)2/28/1999 1:47:00 AM
From: TechnoWiz  Read Replies (2) | Respond to of 15313
 
Exactly right John: The problem with these threads is there are too many know-it-alls trying to outwit and out-think everyone or undermine the company, always with some kind of negative intent or agenda.

We have had to suffer these types ever since this was a .25 cent stock and believe me there were hordes of nay-sayers back then, who forced their negative ideas all over us.

In fact, one of those same nay-sayers who warned everyone to stay away from FNTN at .25c, appeared on another thread not so long ago with the same old 'beware' declaration and warned everybody off that one too. Soon after that, the stock was unanimously declared 'dead money' and the thread subsequently died.

Well, guess what folks, with a 'dead thread', that stock has risen 1000% since then and hardly anybody even noticed. So much for the so called self proclaimed experts. Don R was right all along. Time to go back a ways and refresh on the rampant negativity that existed prior to the big runs in all of the major Internet winners.

John: Your speculation that the company may have specific needs for this capital makes sense, especially since earnings appear to be growing and management publicly stated in last week's release that they expect to be 'operationally profitable' before years end.

It would appear to me however, that wherever they may choose to expend this money, be it for a major advertising campaign or something else, it will be money well spent for
a company that seems incredibly well positioned to capitalize on some of the most explosive growth trends on the planet. Now is the time to aggressively push ahead.

My advice is beware of bad advice on this and other threads. Only you can decide whose advice you may want to follow, but the best advice is usually your own and
that you can only gain from your own instincts, insights, due diligence and gut feel.

Those who have made their own hard decisions in this stock and bought well, have so far been well rewarded and those loyal investors who have supported this thread with their outstanding contributions are people who I personally hold in very high regard and are some of the most accomplished individuals and investors I have come to know.

If you don't believe that management has only the best intentions for its shareholders, which they are themselves, on its agenda, then you are probably invested in the wrong company. So far, they have got us this far through a turbulent development period and now could truly be poised for hyper-growth.

All they need do now is focus on growing the company and execute on their business model and strategy and the rest should fall into place. The way I see it, this company is starting to attract a lot of interest. Now that it looks close to being full reporting, it may appeal to a much wider universe, especially if it can implement a well coordinated marketing program.

If out of nowhere they can establish a beach head with presumably one of the nation's largest Global fast food franchises, the potential for a D-Day, (maybe Delivery Day?), type landing on this new coastline could be mind-boggling. The possibilities of leveraging up on this deal are tremendous and could gain a lot of traction and inquiry from all manner of related fields.

How many other deals like this might be in the pipeline?

Seems like they've got their act together

Have a great weekend

Regards to all

Wiz

fntn.com

fntn.com

fntn.com




To: JOHN WHITE who wrote (11194)2/28/1999 1:13:00 PM
From: Tom C  Read Replies (2) | Respond to of 15313
 
John,

You're welcome.

If you're worried about my credibility, don't bother, I'm not worrying about it. With regards to jumping the gun, you may have a point since at the time I hadn't finished reading the whole submission. I finished it this morning, here is my OPINION.

On the plus side.

Anyone who can read now knows a lot more about FNTN.
It looks like FNTN intends to be a reporting company.

Available Information
When this prospectus becomes effective, Financial Intranet will begin
to file various documents that are required by the Securities and Exchange
Commission. These include annual reports, quarterly reports, special reports and
proxy statements. Financial Intranet plans to give its stockholders annual
reports containing audited financial statements, all other reports which
Financial Intranet is legally required to provide and any other documents which
Financial Intranet believes its shareholders should have.


There was some revenue in 1998. Mostly from telecom services.

The selling shareholders found in the "Alternate Prospectus" are not FNTN employee or directors.

On the negative side.

It looks like the company was facing or near bankruptcy. My opinion only, but that's how I interpret some of the "a going concern" statements. To avoid this they sold warrants and promissory notes and promised to register the securities.

The maximum exercise prices range from .40-.64.

The bottom line is still, more shares out..

Shares of Common Stock 3,000,000
Shares of Common Stock underlying Warrants 5,258,333
Shares of Common Stock 92,994
Shares of Common Stock underlying Promissory Notes 6,975,000

Bye. bye for now.

Tom

ps: Maybe your credibility would be a little higher if you spent as much time discrediting the message as you do discrediting the messenger. All this is just my opinion.