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: JIN CHUN who wrote (5592)3/9/1998 4:28:00 PM
From: Prophet  Read Replies (2) of 27968
 
Jin, the 450,000 shares re-purchased worries me a bit. They plan to buy back around 4,000,000 shares. 450,000 shares is around $135K
assuming they were smart and bought the shares around .30/share.

FAMH has $2 million in cash. Why wouldn't they make the purchase move now (or better yet, back then when the price was 25 cents)? Has the company outlined a time-line for purchasing the remaining 3.5 million shares? Perhaps they are waiting to first report to the SEC and then initiate a big purchase initiative to create momentum.
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