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

To: dennis foster who wrote (2233)	1/29/1998 6:28:00 PM
From: Andrew H	Read Replies (2) \| Respond to of 27968

Well, when he explained what he meant by shareholder friendly, he mentioned not calculated at the bid--maybe .29 instead of .27? I am not saying the credit line is shareholder unfriendly or that its bad news, but in order to get money, you have to give up something. If they are trading stock for 12MM, you can do the math. Perhaps he is contemplating issuing shares and then engaging in a reverse split. With 12MM in acquisitions, I would imagine the company could do as much as 100M dollars in business if not more. So while you may be diluting the shares you are growing like crazy which benefits shareholders. Then maybe you stop for a year and concentrate on profits. Only management can answer these questions. But from the call, it didn't sound like an unsecured loan at 10% interest. Still the lenders must have faith in the value of the company--the whole market cap is currently about 8.4M.