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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: Sapper MSG who wrote (12848)4/19/1998 12:56:00 PM
From: PsycProf  Read Replies (1) of 27968
 
I agree with you on that. However, I was told when I called FAMH that they stated "proposed ratio" in the press release because that was the approximate ratio at the time.

I am not defending FAMH, Ira, or anyone else, just trying to clarify what I know.

Hypothetical Situation: What if on 4/30/98 FAMH is trading at $1 and ATXI is also trading at $1. This does not seem out of the question to me judging by recent events. Would Ira then stick to the "proposed exchange rate" of 4 to 1? I give him more credit than that.
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