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


To: JOHN WHITE who wrote (11516)3/22/1999 1:03:00 AM
From: Wally  Respond to of 15313
 
John: Thanks for the kind words. I suspect you're right - that my taste for crow will be short-lived - but I'll leave the predictions to Nostradamus and Mohammed (Ali that is).

Wally



To: JOHN WHITE who wrote (11516)3/22/1999 1:51:00 PM
From: JOHN WHITE  Respond to of 15313
 
I've been reading all this SHOCKING information about FNTN !!!

Some of the derogatory types descending like buzzards to a roost and post their STARTLING REVELATIONS on this thread are laughable.

Startling revelation number 1: Management might have nearly 1/2 the outstanding shares.
It is SOP for a new company to maintain (through its top echelon managers and BOD) a majority holding of securities.
Startling revelation number 2: Key employees - that could be employed elsewhere and actually making more money - are paying themselves well.
Generally speaking, you get what you pay for. As FNTN proceeds with their business plan these incentives should prove well spent. Perhaps FNTN should have a less capable staff at a lower cost ?
Starting revelation 3: A contract has not yielded projected revenues and profits.
I feel sure that Michael Sheppard, the COO of FNTN, will give inquiring minds information on this subject if they'll contact him.
Every start-up company has plans that don't come up to their expectations. It's a natural part of doing business that some things
will out better than others - especially with a new company with a newly packaged product acquiring new customers.

I could go on, but only time will prove whether FNTN will succeed. Until then interested FNTN investors will have to be careful and avoid the buzzard droppings.

John