SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Freddie Forte who wrote (25585)11/13/1998 5:25:00 PM
From: Lurker  Read Replies (1) of 27968
 
<<energetic plan for growth by raising capital(don't know
exactly what that means),>>

I can only think of 2 ways:

1. Borrow money

2. Sell stock

I doubt if anyone would loan them money. They are losing money and they are under investigation by the SEC.

So . . .

<<The company has made a joint arrangement with two firms to promote share value.
Crescent Partners Fund, L.P., a Dallas based firm and Preferred Financial in L.A.
have been engaged to raise share value and raise capital.>>

The last time they did this it was so they could expand outstanding shares from 20 million to 70 million.

Does "joint arrangement" mean that FAMH gave them new stock to tout the stock?

Personally , I think we all have a moral duty to double our positions in this stock. It would be humiliating to have our fearless leader with the smallest herd of camels at the oasis. Come on, gang, buy some for the jipper!!!

Lurker
(Hand on heart, singing the FAMH anthem.)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext