FAMH - FIRAMADA Staffing Services Message Board

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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Buster who wrote (4146)	2/26/1998 9:33:00 AM
From: Omnichrome	Read Replies (2) of 27968

Hello Buster, The release was vague as usual with no real specifics. It just said the line of credit was obtained "through an equity investment". I don't know exactly what that means, but I don't think any shares were issued to obtain it. I would guess some shares may be issued as the line of credit is utilized. Yesterday's release said the company was authorized to buy back up to 4 million shares which it stated was "nearly 10 percent" of issued shares. Since we knew there were 41 million shares issued prior to the $12M line of credit, it would seem no new shares were issued for that. Hope that's not too convoluted. Be careful out there.

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