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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth V. McNutt who wrote (1754)1/22/1998 9:24:00 PM
From: Jonathan Lebed  Read Replies (3) | Respond to of 27968
 
It is my understanding that they already filed for listing on the Nasdaq. Remember when I speculated about an AMEX listing yesterday??? Well finally they realized that they will be more secure on the AMEX than the Nasdaq. As for how they will get to $5?

I don't know if Ira is considering a reverse split. If he is...that will be great!!! Why? A 10 for 1 split (considering FAMH will be trading at $0.50) will get us to $5. We will then be listed on the AMEX. And we will still have a low pe of 5. That way, we will more notice-able. And we will have an easy ride up to $20, instead of a bumpy ride up to $2. I would like it if some of you can express your opinions on this...thank you.

Don't get me wrong...if the press release on Monday states that Myriad will add a lot of revenues, we may hit $5 without a reverse split but it will be a major struggle to get that high within 2 months.

JL