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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Dusty Vestal who wrote (8563)3/27/1998 5:18:00 PM
From: LFISKY  Read Replies (4) of 27968
 
Dusty, your friend was right in a sense about reverse splits. Usually existing shareholders get hosed when a RS happens on a BB stock. However this situation is far removed from a normal reverse split. The whole issue here is getting a proper valuation. I too at first had reservations about this. But after thinking it through, I realized that this is just short of brilliant. Overnight we will be moving from the OTC, where we are completely at the will of MM's, to the Nasdaq, where our true value can be realized. Tell your friend to hold on to his shares and enjoy the ride.

"Sharpen the Saw"

LFISKY
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