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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: John Fairbanks who wrote (882)1/8/1998 11:28:00 AM
From: skreiger  Read Replies (1) of 27968
 
Here's a question from the uninformed:

How did the company in question (Myraid - Myriad -- do we even know for sure the correct version yet?) get into such serious financial trouble that a relatively small company (FAMH) which performs the same basic service could come to its rescue and bail it out? If this company is worth $60 MM, what was their problem? The tax lien part I understand, although as John points out, we don't even know what level of government has imposed the lien and the reason. I'm just waiting to see some particulars about this apparently huge takeover and the company involved. Any help would be appreciated.

Scott
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