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Microcap & Penny Stocks : 1st Net Technologies ( FNTT ) -- Ignore unavailable to you. Want to Upgrade?

To: Brinks who wrote (179)	3/20/1999 1:07:00 AM
From: Chatty	Read Replies (3) \| Respond to of 1827

Hi netsurfer-Sorry about the "non-disclosure" My oversight, won't happen again. To answer your questions- 5.5 Mil outstanding about 1.5 in the float. We just completed a $1 million dollar private placement with a $150,000 over- alotment. Our cash position at this time is not limited. Jeff Chatfield VP Investor Relations 1stNet Technologies

To: Brinks who wrote (179)	3/20/1999 1:18:00 AM
From: Greg Writer	Read Replies (1) \| Respond to of 1827

As of to day the company has over $300,000 cash and a approximately $200,000 in liquid securities in our brokerage account. Our burn rate is about $150k per month currently. Our income is approximately $80-120k per month. We are currently structuring a second round of financing in the $10+ million dollar range. Currently we are not concerned about running out of money. Fully diluted shares outstanding are approximately 6.2 million shares with 1.4 million in the public float. Greg Writer CEO 1st Net Technologies, Inc.