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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: John Fairbanks who wrote (18884)5/22/1998 6:13:00 PM
From: CO  Read Replies (1) of 27968
 
John, I don't think that the company actually gave stock for the Myriad deal. Ira told me, when I questioned him about the OS increase to 43 million, that some of the shares were used to raise 1 million dollars. That was the cash that was needed to pay the IRS and close the Myriad deal. It was some kind of private placement or something like that.

Cheryl
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