FAMH - FIRAMADA Staffing Services Message Board

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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Lonnie A. who wrote (11843)	4/13/1998 7:12:00 PM
From: Little Engine	Read Replies (5) of 27968

Lonnie, FAMH needs to present its financials to Nasdaq since, once the merger is complete, their assets and revenues will represent most of the new company (whatever they call it). Nasdaq needs to be sure that the new company will qualify for listing. Hope this helps. As I have noted before, in a merger such as the proposed FAMH/ATXI deal, Nasdaq will require the merged company to meet the initial listing requirements, as explained in Nasdaq Rule 4330(f). FAMH appears to meet all the requirements except for the minimum $4 bid Nasdaq will demand. Nasdaq, ATXI, the IRS... seems like everyone gets a copy of the FAMH financials except the shareholders. Good luck.

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