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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: Little Engine who wrote (1265)1/14/1998 2:09:00 PM
From: Omnichrome  Read Replies (1) of 27968
 
One can only speculate.

Suppose a private company built itself from the ground up with a great deal of effort. Then it runs afoul of a Taxing authority. The
Taxing authority may have the flimsiest of excuses, but they lean hard on the principals of the company - knowing that the target doesn't have the resources to battle for long. The principals decide
they would rather retire or do something different and avoid current and future headaches. Ira or someone else at FAMH is courting another Cal company at the same time and happens to have discussions with one or more of the principals and a general meeting of the minds occurs.

I have no idea what the company would go for (and neither does Ira as he has until tomorrow to analyze financials). I would guss this will be a leveraged buyout - meaning a cash down-payment and the rest paid
out of future earnings. Wouldn't require a lot of cash up-front.
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