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Microcap & Penny Stocks : FMA / FracMaster

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To: blue_chip who wrote (108)4/20/1999 9:25:00 PM
From: AL Berta  Read Replies (2) of 233
 
Hey, I've got a great idea! Alfred Balm and the board of FMA have said they will entertain "ANY" offer so I say we propose one!

How's this sound: we assume the debt of $115 million, then give them $5 million for the drilling technology, $10 million for the pipeline service division and $25 million for the oilfield services division world-wide!

We can have ourselves a company that will do $150 -$200 million a year in revenue for $155 million Canadian!!!

Now some of you are scoffing so loudly that I can hear you from here, but consider, such a foolishly low-ball offer WOULD STILL REPRESENT $3.29/SHARE!!!!! And this still doesn't include the Texas Gas Operations.

Want to sell tomorrow for $0.70?

Regards, AL.
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