FAMH @ .18- STOCK PROMOTION! Message Board

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Microcap & Penny Stocks : FAMH @ .18- STOCK PROMOTION!

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To: FARRIS who wrote (205)	11/3/1997 10:18:00 AM
From: Brad	of 277

FARRIS, The EPS of .06 for the first 6 months of 97 is based on the Total Shares Outstanding (19 million). FAMH financials for the period ending 6-30-97 showed earnings of $1.2 Million with Total Shares Outstanding of 19 million. $1.2M divided by 19M = .063 EPS. My understanding is that FAMH had only about 2 million shares in the float before the 504 shares were issued to Alexander Wescott. When AW sold those shares to raise capital, it increased the float to about 7 million. But supposedly (according to the PR firm) the Total Shares Outstanding remained at 19 million. In that scenario, we would still be looking at .09 EPS for the 4Q. Brad

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