SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dusty Vestal who wrote (8563)3/27/1998 5:27:00 PM
From: Buster   of 27968
 
Dusty,

2 scenarios: If fahm had done a reverse split, there would
be 1/4 the amount of shares but 4 times the price. No change
in the fundamentals...higher price lower number of shares.

In the reverse merger there will be 1/4 the amount of Fahm shares
plus 1.4 million(ATXI shares) + .5mil(warrants).

Fahm shares are diluted by 20%
10mil fahm shares...plus 2mil ATXI and warrants

For the 20% increase in shares, Fahm receives a
company with no debt plus a listing on the Nasdaq.

There is a definate change in fundamentals because
now you have two companies under one roof. Plus
you have a nasdaq listing but I do not know how
to evaluate that.

comments anyone?

its all still a little fuzzy without audited financials.

Buster
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext