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

To: Greg Writer who wrote (785)	3/25/1999 12:42:00 AM
From: Graystone	Respond to of 1827

Time Frame or I'm framed How do those incidents relate to these incidents here ? #reply-8431640 Were these incidents before or after the matters you mentioned above? Do you consider yourself a competent trustful divestment advisor ? Is Mr. Chatfield, or Chatty, of the same persuasion as you ? Is that you in that post I referenced, the one made by Max90, or was Max90 mistaken ? Naturally, in deference to your besieged state (re: the Evil Longs) I will add the obligatory... Just Curious

To: Greg Writer who wrote (785)	3/25/1999 12:50:00 AM
From: wonk	Read Replies (1) \| Respond to of 1827

...We completed a 504 Reg D @ $1.00 per share with a prospectus then filed a 15c211 with National Capital in Oklahoma. I suppose you are unaware that National Capital has less than a stellar reputation here on SI. Check out the MTEI thread, its principals and the family associations. ww

To: Greg Writer who wrote (785)	3/25/1999 7:29:00 AM
From: The Street	Read Replies (1) \| Respond to of 1827

Greg, <<National Capital<< Is that the Uselton outfit? Thanks, TS

To: Greg Writer who wrote (785)	3/26/1999 3:03:00 PM
From: Q.	Read Replies (1) \| Respond to of 1827

Greg, can you tell us more about the capitalization of the company? how many shares of common and preferred are outstanding, how many warrants and options are out there, and what the conversion features might be for all the preferred, warrants, and options. I'd also like to learn more about the Reg. D private placement you mentioned in post 785. I discovered today, while searching the Lexis/Nexis database, that your company has issued a lot of convertible preferred and warrants. The following post indicates some of these, but I would just like to know exactly what else there might be.

To: Greg Writer who wrote (785)	3/26/1999 3:07:00 PM
From: Q.	Read Replies (3) \| Respond to of 1827

Business Wire, November 11, 1998 HEADLINE: 1st Net Technologies Inc. Announces Preferred Unit Offering and Management Additions The company recently filed a 15c-211 application with the NASD for quotation for sale of its common shares on the OTC Bulletin Board. The company has received its trading symbol, "FNTT," and the NASD has approved its application to trade. Both the preferred unit offering and these management changes are material developments which affect the rights and privileges of those investors who may elect to purchase common shares over the OTC Bulletin Board. The preferred unit offering is being sold privately by the company's management and is not available to the general public. Specifically, the company is now offering to sell, on a "best efforts" basis, up to 200,000 units, each unit consisting of two shares of voting, participating, cumulative and convertible Series "A" Preferred Stock and one warrant to purchase one share of Common Stock at $ 5.00 per share. Each warrant is exercisable immediately and expires upon the one-year anniversary date of the closing of a firmly-underwritten public offering of Common Stock with total equity of the company at the closing of $ 5 million or higher (the Public Offering). Holders of the preferred units are entitled to receive mandatory, cumulative annual dividends of $ .30 per share of Series "A" Preferred Stock. John G's comments: It's interesting to learn that there are in-the-money warrants that can be exercised immediately. NB. the above appears to be the beginning of the newswire, but not the entire story. I was unable to recover the entire news release using Lexis Nexis, and the release is not in the quote.com database at all. Nexis lets me look at about 25 lines at a time, and it just wasn't very friendly to me today when I tried to page through this story. At the bottom of this post is the remaining fragment that I recovered. It isn't clear to me what text is missing in between the two parts, or who the following thing about Entrepreneur Investments might refer to. ... for Entrepreneur Investments, LLC, a Colorado private investment banking firm, since 1997. The company's board also appointed Jeffrey Chatfield as vice president, Investor Relations. Chatfield is formerly a licensed stockbroker.