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

To: jas244 who wrote (11196)	2/28/1999 11:25:00 AM
From: C Horn	Read Replies (1) \| Respond to of 15313

Intended Purpose of CTI Link James, the intended purpose of the CTI link was to provide some insight on the process of becoming a fully reporting company. CTI filed form SB-2 on 3-3-98, however, unfortunately for them, it was defective and they had to file a series of amendments (SB-2/A). On 1/11/99 they finally received full reporting status from the SEC. The process usually takes 60 days, unless the SEC finds something wrong with the SB-2. I agree with the Techno Wiz that the SB-2 filing is very positive for FNTN. Sure there is some dilution, but just look at where the company intends to use the proceeds: Marketing and Sales 1,600,000 Expansion into other Geograpical Markets 750,000 Working Capital (2 yrs) 2,220,000 The key to the growth of this company (and the increase in the price of the stock) is to obtain more customers and contracts leading to greater revenue. If they are successful in their efforts, all shareholders will benefit, and dilution is a small price to pay (IMO). Best Regards, CH