FAMH - FIRAMADA Staffing Services Message Board

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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: JIN CHUN who wrote (6095)	3/13/1998 12:24:00 AM
From: Little Engine	Read Replies (1) of 27968

So much for banning any reverse splits... no Jin, not a "run of the mill" reverse split, a fancy one! And people are falling for it! LOL! Turning four shares of stock into one sounds like a reverse split to me. Maybe I've got the definition wrong. And how did the earnings slide so quick? Nine cents a share now? I wonder what next week's excuse for having no audit would be? The auditing firm's building burned down? Let's see... 4.5 cents a share EPS on current shares (9 cents on 20 million shares, but 40 MM shares now) gives us a p/e of over ten. Fifty cents seems about right. Expect the usual run-up at the bell as the MM's skin the new batch of shareholders, followed by the usual long downward slide as details come out... or fail to. Can someone point out to me why the financials (which were supposedly done per their earlier release) could not be printed while they were in these negotiations? Is it illegal to do two things at once (or to get one thing completed)?

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