To: FARcom who wrote (463 ) 3/8/1999 3:19:00 PM From: Eric Weiner Read Replies (1) | Respond to of 704
To all, Here is a copy of an email that I sent to Brian Leeners (CEO of THS) Hope this helps... ---------------------------------------------------------------------- Brian, I was chatting with a few shareholders about THS financials over the last two weeks and a few of them elected me to ask you some questions since I have spoken to you and Randi before. Before I go any further, thanks for taking the time to answer these questions, I know that you are busy. 1) According to THS lastest quarterly report the company seems like it only has approximately $30,000 in cash left over at the close of the first quarter. Is this true? If so, how will the company continue it's operations? We are in the process of completting a PP. 2) Is there a planned private placement or share offering coming soon to keep the company going? see above. 3) Has the planned move to the US already started and if so, what state did THS decide to incorporate in? Move will occur over time. We already have development down there. 4) There have been questions about THS getting an OTCBB Nasdaq listing, could you please comment on this. Can't comment on US listing but we are doing paperwork. 5) There has been many rumors in the past few weeks of a possible takeover of THS, do you have any comment on this? No commment, sorry. Commenting on this would create further speculation. The Company will continue to focus on its business plan and as we are successful many opportunities will arise. The goal is to maximize shareholder wealth. If this comes in the form of a takeover then we will put that opportunity to the shareholders. Few people understand the upside potential of the Company as it moves forward with its QT agenda. Digital convergence is what will make the present growth of the Web seem trivial in terms of dollars expended and we are at the cutting edge of digital convergence through our developemnt efforts on QT. The broadband Web is on its way and we are positioned. Thanks, Eric