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

To: De Peepster who wrote (11574)	3/23/1999 10:50:00 AM
From: C Horn	Read Replies (1) \| Respond to of 15313

Option Buy Back Dear De Peepster, I don't recall previously discussing the options as an issue or a problem, but since you brought it up, now seems like a good time to discuss it. I wouldn't think the Company would have the "option" to buy back the options, usually the option lies with the option holder. If the company does have the "option" to buy these options back, it would make a great deal of sence to do so, since the option price is .19. Too good to be true, most likely can't happen. I am not really that concerned about the capital structure of the Company. I think it is very positive that management has a major stake in the Company, in fact, I would be more concerned about the Company if management did not have a major stake. The way the capital structure of FNTN has evolved is very typical of what transpires when a company is formed via a merger with a shell corporation. There are both advantages and disadvantages in the shell merger versus a private company followed by an IPO. I haven't seen the comparison discussed on this thread, which is somewhat amazing considering the number of posts. Regards, CH