FAMH - FIRAMADA Staffing Services Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John Fairbanks who wrote (4000)	2/25/1998 1:58:00 PM
From: Little Engine	Read Replies (3) of 27968

<<<what's dangerous is when a company is printing shares in a desperate attempt to stay in business.... That isn't the case here.>>> Gee, FAMH has me fooled, then... they line up financing, but for some reason their investment banker (Westcott, with which they had a "two-year exclusive agreement" for acquistion financing) broke the deal off. Then... I suppose they couldn't get financing in New York? If only there more banks there... Now, they get an "equity investment" of $12 million (selling new bunches of stock, I believe it's called in laymen's terms) and call it a "line of credit". Creative and "shareholder friendly" indeed. Issuing (at least) 20 million shares in two months? Stalling the promised financials, or even a decent explanation? Looks desperate to me. What cup is the release under? Follow closely. Who here sincerely believes the audit will be out Monday? Show of hands? L.E.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next