I am looking at this scenario from different angles and if done correctly, FAMH and its shareholders can greatly benefit from this approach.
To make this work, I feel Ira will have to announce the exchange and warrant offer and then quickly follow it with good news. Let it be 1Q numbers, another acquisition, Mort ratings, deferred comp profits, additional contracts via Myriad, well there are so many in the waiting no need to list them all. But I hope you get my point.
As long as the exchange PR is coupled or followed with another PR stating something else being positive in addition to reducing the float, any negative association to a 1:4 will be diminished, we will benefit greatly.
I would also like to say that I think Mr. Monas is not getting the respect he deserves and maybe if he were treated like the President of a $100,000,000 company, he would not feel obligated to defend himself and the company he and Adam Arif is growing in leaps and bounds. We too are shareholders of a $100,000,000 company and should share our DD in a constructive manner. Not he said she said stuff.
Jake |