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: Bill Purcell who wrote (7836)3/24/1998 10:18:00 AM
From: BCfan  Read Replies (3) of 27968
 
My take:

FAMH is just merging its way onto NASDAQ.

FAMH is not buying ATXI.
As shareholders, we are not giving up 4 shares of FAMH for one share of ATXI. We still own the same company. We are not getting a raw deal.
The "cost" of the merger is the possible dilutive affect of the additional ATXI shares that will be converted to FAMH shares.

However, what we get in return are some assets and a revenue stream with no liabilities. FAMH will end up selling that part of the business for a few bucks.

I feel the reverse split is used by many firms to avoid being delisted. I see the firms that use it are those that are having financial difficulties.
(That's why the reverse split carries the stigma!)

However, we know that FAMH is in quite the opposite situation.
We are growing by leaps and bounds.

So if it looks like a reverse-split with a purchase of ATXI, disguised as a reverse-merger, I don't mind.

I am not going split hairs as to what everyone wants to call it.
No biggie to me.
As long as we get rid of the dreaded MMs, we can be more fairly valued.

If you folks are truly in for the long haul, whatever Joe Copia and L.E. call this transaction, do you think that it will REALLY affect the value of FAMH ?

Comments?

BCfan
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