FAMH - FIRAMADA Staffing Services Message Board

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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Buckeye who wrote (15276)	5/6/1998 12:43:00 PM
From: Lurker	Read Replies (1) of 27968

<< Assuming 60mm shares outstanding, the OS shares would be reduced to 15mm, what would be the float? What would be the psychological impact on shareholders and lurkers of a share exchange? >> With the current authorization of 100 million shares, they can only sell another 40 million shares at $.40 each. After the reverse split, they can sell 85 million shares at $1.60 each. Sounds good for them! The psychological impact is that we, in our greed, will forget about the financials and go for the reverse split and the warrants. "Here, Ira. Here is my chain. Please lead me around by the nose. I am your sucker."

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