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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: BCfan who wrote (20434)6/5/1998 5:27:00 PM
From: David Colvin  Read Replies (1) of 27968
 
BCfan,

While we are at it, I was wondering about some things:

o Arif said they haven't used any of the credit line.

- Are we to assume FAMH simply wrote a corporate check to pay the IRS the initial $1 million dollars to acquire Myriad? (Ira went out of his way to emphasize that NO STOCK was involved in this transaction)

- Are we to assume FAMH bought 5% of the shares of ATRIX by simply writing another corporate check?

- Are we to assume that FAMH simply wrote another corporate check to acquire the Delaware Company?

- Arif said during the 70 million share bomb CC that the increase in shares was used for acquisitions. What acquisition(s) could possibly have been bigger than Myriad? What acquisition(s) cost FAMH nearly 50 million shares?

Dave

p.s. Still holding ALL my shares. Just don't understand all the above.
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