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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: JIN CHUN who wrote (18775)5/22/1998 12:53:00 PM
From: Leroyt  Read Replies (3) of 27968
 
So, Can someone help me:

Shares were issued for three purposes:
1. Myriad: how many? I thought it was cash only when the tax bill went through the roof.

2. Pennsylvania acquisition: how many?

3. 12 million loan: what was the price per share. My guess is about 0.20 to 0.40 cents. And I assume these are all in the float. So that add additional 30-50 million shares. That loan price seems to be setting the price of the stock.

Please, any comments?

Plus, the release of the share count of 70 million yesterday with NO explanation was amazing. How can the management of FAMH not understand the impact of such a statement?????

later, ................
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