FAMH - FIRAMADA Staffing Services Message Board

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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Larry Scruggs who wrote (11756)	4/13/1998 2:04:00 AM
From: TraderGreg	Read Replies (2) of 27968

Don't know what to do about this FAMH (effective) 4:1 reverse stock split - been there, done that. And there you have it people. Want to know why we've had all this sideways action? There it is. The firm belief that the ATXI is nothing more than a reverse split. It appears a nearly equal mix believe it is accretive as do believe it is a plain old reverse. Optimist that I am, I still see this as a very innovative way to acquire NASDAQ listing without the mountainous effort that is normally required. Unfortunately, slightly more than half feel it is not that. Thousands of posts and it still boils down to that critical issue. If FAMH did a classic 1-10 reverse, we'd be trading with 4 million shares and a near $6 stock price, until everyone starts to bail because of the negative connotations of a reverse. Ira's approach, while dilutive to the extent that ATXI shareholders acquire shares, is far more beneficial since the whole NASDAQ listing would become a fait accompli. TG

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