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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Steve1 who wrote (18932)5/22/1998 10:12:00 PM
From: Little Engine  Read Replies (1) of 27968
 
<<<<Many CEO's can opt to take stock in lieu of cash for payment of services. It's legal and not as taxable.>>>>

By the same token, why couldn't FAMH issue stock to itself, hold it as long as it takes to be considered a company asset, and then sell it?

Since they would be selling assets... it's now considered "earnings." And the earnings would jump, while adding cash to the balance sheet.

Nah, Ira wouldn't have tried anything like that. He's too honest.

BTW, what did your DD turn up, Steve? I'm curious what people are finding out (besides from company spokesmen).

P.S. What exactly makes a 24-28 million float "controllable"?
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