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 (8905)	3/29/1998 12:55:00 PM
From: art	of 27968

I have cut and pasted several lines from the last two PR's from both companies; ( see below PR's excerpts after my comments ) Maybe I am reading between the lines here, but IMO both companies are on the same page as far as saying the letter of intent is not signed. I have not read anywhere were they are not talking and it sounds like it is still being negotiated for approval by all shareholders. Based on info from this thread and NASD rules on how reporting companies (ATXI)are supposed to release press reports under the Nasd. it would be in violation for ATXI to confirm (inside info ) unless the deal was signed by all parties and approved by SEC. However; BB stocks which fall under NASD rules are not governed by the same rules because they are not reporting to NASD only have to show a certain captilization to make the over the counter trades. So if I understand all that I have read from the PRESS RELEASES, and the different posts as well as NASD rules, This deal is far from over. And ATXI has until April 15 to sign. If thats the case then we need to sit tight we are going to take several ticks down on Monday but will balance out on better news. Friday March 27, 6:38 pm Eastern Time CORRECTED - Firamada seeks control of Atrix its release to show Atrix has not yet signed letter.) The letter of mutual intent have been submitted to Atrix directors for approval, Firamada said. (company corrects to show Atrix has not yet signed letter). Friday March 27, 5:51 pm Eastern Time MINNEAPOLIS, March 27 /PRNewswire/ -- Atrix International (Nasdaq: ATXI - news) has denied that it has signed a letter of intent to be acquired by Firamada Inc. ''The release by Firamada and/or its representatives claiming to have reached an agreement to acquire Atrix International is inaccurate, and misleading,'' Riedel stated.

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