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it will definitely go up tomarrow....its almost back to where it was...i still am going to buy some before the end of the day here if i can.....hopefully ....
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this one should go up nicely today....I have a bid in to accumulate some more at these prices you can't go wrong....couldn't get filled yesterday....
-------------------- pink floyds "money" is the way to live.......
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filing for compliance with the nasdaq to get off of the pinks
Technest Holdings Inc., Technology Provider to the Defense and Homeland Security Marketplace, Files for NASDAQ Market Listing
March 16, 2006 11:00:17 (ET)
BOSTON, Mar 16, 2006 (PRIMEZONE via COMTEX) -- Technest Holdings, Inc. www.technestholdings.com (TCNH, Trade), a defense and homeland security company transforming advanced laboratory technology into real-world products, announced today that it has submitted an application for listing of its shares of common stock on the NASDAQ Capital Market.
Company management with co-operation from its majority shareholder, Markland Technologies Inc. (MRKLE, Trade), has restructured its corporate governance and has appointed three members to its Board of Directors, all of whom meet the "independent" and corporate governance requirements of NASDAQ. Effective on March 15, 2006, newly appointed board members: Major General (Ret) David R. Gust, Robert Doto and Darlene Deptula Hicks have formed the requisite independent audit, compensation, and nominating and corporate governance committees.
Also as part of the corporate governance restructuring, Robert Tarini has resigned his positions of CEO and director of Technest Holdings Inc. He will remain as CEO and Director of Technest's majority shareholder, Markland Technologies, Inc. Dr. Joe Mackin has been appointed the new CEO of Technest Holdings and will remain a director of Technest Holdings along with the CFO, Gino Pereira. Dr. Mackin has resigned as a director and President of Markland Technologies.
Robert Tarini stated, "It has been my pleasure to work with the talented management team here at Technest to help form the new operating and equity structure, and I am quite pleased Dr Joe Mackin has accepted the position of CEO. These structural changes allow Technest to proceed to grow its business and future as a public entity. Dr Mackin and Gino Pereira will do a fabulous job as CEO and CFO, respectively. The newly appointed independent board of directors will come to the job with a wealth of industry and public company experience."
"A NASDAQ listing of our common stock would represent an important milestone for our company," said Dr Joe Mackin, newly appointed CEO of Technest Holdings. "By moving to the NASDAQ, we hope to provide greater transparency and liquidity for our shareholders and to elevate our company's visibility and standing in the financial community."
About Technest Holdings, Inc.
Technest Holdings, Inc. (TCNH, Trade) is a provider of: advanced remote sensor systems, chemical detectors, intelligent surveillance and advanced 3D imaging technology solutions to the defense and homeland security marketplaces. Technest is committed to setting next-generation standards in defense and security through the provision of innovative emerging technologies and expert services. Technest's solutions support military, law enforcement and homeland security personnel. Through strategic development, Technest focuses on the creation of dual-use technology and products with applications in both the defense market and civilian homeland security and law enforcement fields.
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here again is the dividend information....awesome to see what we should get...
Markland Technologies Inc. Re-Iterates $10M Technest Holdings Inc. Stock Dividend; Record and Distribution Dates For Common Shareholders
March 08, 2006 08:00:06 (ET)
BOSTON, Mar 08, 2006 (BUSINESS WIRE) -- Markland Technologies, Inc. (MRKLE, Trade), a defense and homeland security company transforming advanced laboratory technology into real-world products, as announced in August 2005, re-iterates its previously declared stock dividend to the holders of the Company's common stock of $10 million worth of shares of Technest Holdings Inc. http://www.technestholdings.com (TCNH, Trade) common stock that the Company currently owns, up to a maximum of 2.5 million shares of Technest common stock. The record date for the stock dividend is May 1, 2006 and the distribution date for the stock dividend is July 5, 2006.
The actual number of shares of Technest common stock to be distributed will be calculated based on a per share price equal to the average closing price of the Technest Stock as reported by the National Association of Securities Dealers Automatic Quotations service for the ten trading days ending June 30, 2006. However in no event shall the number of shares of the Technest common stock distributed exceed 2.5 million nor will Markland deliver fractional shares of the Technest common stock. As of this date Markland presently owns 13,954,023 shares of Technest common stock. Markland management is considering alternatives available to it for future dividends to be made to its common shareholders.
The Company is continuing to work on the accounting issues described in the Current Report on Form 8-K issued on February 10, 2006 concerning non-reliance on previously issued financial statements. At this time, there is no further update on when these issues will be addressed. However, the Company intends to restate the financial statements in question as soon as practicable.
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up about 7% on very little volume I finally got in and am ready to take the ride....stock is pretty much bottomed out and is going to be primed for the nasdaq...
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finally a new pr....should move nicely now....
Markland Technologies Inc. Announces Intellectual Property Licensing Rights for Security and Medical Industry
March 29, 2006 11:00:23 (ET)
PROVIDENCE, R.I., Mar 29, 2006 (PRIMEZONE via COMTEX) -- Markland Technologies, Inc. (Pink Sheets:MRKL), a company transforming advanced laboratory technology into real-world products, announced today the signing of an extensive product and intellectual property licensing agreement between itself and Technest Holdings Inc.
This agreement provides Markland with exclusive licensing, manufacturing and distribution rights which encompass at the time of signing approximately 12 products and 20 patents with applications in the areas of intelligent surveillance, 3D imaging, and medical products and services and is subject to the achievement of specified minimum royalty payments. Markland intends to pursue specific opportunities for these products and intellectual property within defined commercial market places to develop revenue streams.
The rights for these products and intellectual property are limited to specific markets which exclude products to be sold to or for use by, and services to be provided to, the United States Department of Defense and comparable defense ministries of other countries, the United States Department of Homeland Security and any successor agencies performing comparable functions, the U.S. Department of Energy, the U.S. Department of Justice, the U.S. Department of State, and the U.S. intelligence agencies and comparable intelligence departments of other countries.
The products covered by this agreement are as follows:
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