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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: Jamessmith who wrote (20117)5/31/1998 1:59:00 PM
From: Sigmund   of 27968
 
Take a look at the TNRG thread. There the CEO cancelled many shares provided to third parties that presumably did not do the work for which the shares were escrowed. If there were large numbers of shares granted to insiders or others which now don't seem to have been warranted perhaps these shares can be cancelled.

For the insiders it may be better to own a smaller number of restricted shares which are going up in value than a larger number of restricted shares which are declining in value.

When the information is out on:

1. what constituted "earnings" last year
2. how many shares outstanding and what consideration the corporation received for the newly added shares

it will be possible for investors to better assess the current status of the company.
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