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: Little Engine who wrote (1265)1/14/1998 6:22:00 PM
From: tony mendoza  Read Replies (1) of 27968
 
Little Engine: A company with 60 million in sales, if it is profitable, would normally go for 60 million dollars. If it is highly profitable, it would go for more. 3 or 4 times sales would not be unusual for the valuation of a highly profitable company. If we assume FAMH paid 1/2 of 60 million, for whatever reason, how do they finance this. One way:they could issue 90 million new shares. Assuming they didn't do this (they are not telling)I don't see how this company is going to borrow 30 million from a bank, so what options are left. If they got it with money laying around (a few million) and warrants, run for the hills. The fact that this stock has seen some heavy selling recently leads me to believe that you are all going to hear the word "warrants" sooner or later.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News