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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Freddie Forte who wrote (15423)5/6/1998 10:24:00 PM
From: Mark[ox5]  Read Replies (1) of 27968
 
I agree ...

4 to 1 was ok in ATXI case because it "bought" a NASDAQ exchange listing.

4 to 1 in this case .....is 4 to 1 , with a warrant thrown in? And still on this rabid exchange....

Not quite the same.

Will withhold any sarcasm for the night...

(Ira could of been "floating" the idea of a RS to judge the reaction on SI==== much like politicians do before endorsing certain policies.. to get a "feeler" for overall sentiment) But I agree with Kevin that it HAS to be done to move the stock in any meaningful way. This stock will never move to $4 with 52...53...54M shares O/S and eventually shares within the coming year becoming unrestricted. A move has to be made .. a strong move.. in the next 6 months, before any more shares become UNrestricted.

Personally if the Reverse Split is the course Ira chooses, I will wait for the RS, and if/when the price drops (like it does in almost every reverse split)--I will wait for a bottom and then buy. Its not worth losing 75% of my shares for 1 warrant/sh. This is coming from someone willing and happy to lose 75% of my shares for a NASDAQ listing.

Watching for now..
Mark
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