Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 -- Ignore unavailable to you. Want to Upgrade?

To: Jonathan Lebed who wrote (1861)	1/24/1998 9:35:00 PM
From: Eamons	Respond to of 27968

Hello everybody, I've been following this thread and have been a holder since October. Now I've gone back over some of the highlights during the past few months and something seemed to "click" into place. Back then (Oct-Nov), all information we could gather stated 19 - 20MM shares total outstanding and a float of about 7MM shares. Since then we learned that approx 16MM shares (of the total) are reserved. Since reserved shares are not counted in the float (as was stated earlier), there had to be at least or approximately: 16MM (reserved) + 7MM (float) = 23MM Total outstanding shares at that time. Later the 504K added another approx 5MM shares giving us 28MM shares outstanding. All numbers are approximates of course. My only point: I believe the 28MM Outstanding shares is "prior to" any dilution due to the Myriad deal. I'm new to this still, so if any of my assumptions concerning float definitions, etc... are incorrect I'd be happy to hear from you. I feel FAMH is very undervalued and am looking forward to audited financials. Until then, this all seems to be speculation based on speculation. Stu