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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: Little Engine who wrote (6649)3/16/1998 3:36:00 PM
From: skreiger  Read Replies (4) of 27968
 
Originally-reported terms for Myriad acquisition:

1) 2.5MM FAMH shares (restricted)
2) assumption of $1.5MM debt
3) $350,000 cash

Newly-reported terms for Myriad acquisition:

1) $1MM initial payment
2) $3.3MM payment over next seven years

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Seems to me that the value of 2.5MM shares of Firamada stock in seven years will be worth substantially more than $2.45MM ($4.3MM minus the original $1.85MM figures). In fact, those 2.5MM shares will probably be worth more than that in the next seven WEEKS! The new terms clearly represent a better deal for Firamada.

What Little Engine constantly tries to do on this thread is pick apart every possible inconsistency in what is reported from the company. What Little Engine does not ever do is factor in the possibility that better deals can come down the pike and a savvy management team can snap them up and take advantage of those opportunities.

Not willing to let you twist the truth,

Scott
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