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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: Wayne J. who wrote (900)1/8/1998 2:51:00 PM
From: Brad  Read Replies (1) of 27968
 
Thanks, Wayne! The basic steps in a process like this would be:

1) Letter of Interest (very preliminary step - optional)
2) Letter of Intent (usually includes Non-Disclosure Agreements)
3) Contract Agreement
4) Actual Merger/Acquisition Logistics

FAMH has completed step 2 (per their last Press Release).

However, Step 3 might happen quickly because of the circumstances surrounding the acquisition (Myriad's tax problem probably needs a quick solution. The IRS is not usually very patient.)

Interesting times ahead! :-)

Good to hear from you, Wayne. I always appreciate your thoughtful insights! You have a good way of adding perspective and clarity.

Best wishes,
Brad
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