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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: lowell who wrote (2100)1/28/1998 3:34:00 PM
From: Andrew H  Read Replies (1) of 27968
 
>>I have never heard of a company borrowing money to buy back their own shares<<

Lowell, I thought the same thing when I read this. Sound like highly creative financing. (:>) Perhaps they need an experienced CFO? It would be nice to know the exact terms of the 25M and what exactly "minimal dilution" means.

Also it is EXTREMELY unusual for a CEO to suggest he will quadruple earnings in one year (the .40 estimate for 1998, assuming .10 this year). This story gets deeper and stranger each day!
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