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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: Mark[ox5] who wrote (15505)5/7/1998 12:12:00 AM
From: Laz  Read Replies (1) of 27968
 
IRA IS NOT VIEWING THIS AS A REVERSE SPLIT.

IMO he sees this as redealing the deck, cleaning out the shorts, boosting the price, and reducing the float.

Sounds great in theory, but unfortunately the shareholders will receive warrants which will expire in days from the exercise price being met and exercised for a quick profit, the MM will short the new shares, naked and covered, and the price will be short lived.

Laz
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