FAMH - FIRAMADA Staffing Services Message Board

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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Warthog who wrote (11624)	4/9/1998 8:16:00 PM
From: Little Engine	Read Replies (1) of 27968

Warthog, there is no way FAMH could get $3 million from ATXI on a $200,000 stock investment, sorry. One would have to first subtract the $1.5 million in liabilities first from the $3 million total. Getting the other $1.5 million assumes getting what they paid for raw materials (doubtful) and getting retail for lots of vacuums, etc. on a moment's notice (really doubtful). It also assumes FAMH could get paid for intangible assets, deferred income taxes, capitalized software development costs, and other such assets. Ain't gonna happen. More likely that Ira sells the ATXI at fire-sale prices to the majority stockholders who are essential to the deal. That's their payoff.

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