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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: Freddie Forte who wrote (17204)5/12/1998 5:50:00 PM
From: Leroyt  Read Replies (1) of 27968
 
Freddie,
The line of credit is with Bristol Asset Management. Refer to this press release:

biz.yahoo.com

It appears, as Arif stated, the line of credit is traded for shares. Shares were issued to purchase Myriad which means there are probably a LOT more shares in the public float. Let's have some accounting of the additional shares.

Also, what percentage of stock is held by insiders? I understand that it is more than 50%.

later, leroyt
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