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: Little Engine who wrote (2514)	2/3/1998 12:05:00 AM
From: JIN CHUN	Read Replies (1) \| Respond to of 27968

I agree somewhat. I think it sucks if numbers have been misrepresented, and it sure does nothing for sentiment, psychology, trust or faith in the company. I also agree that, although having a representative from this thread to ask questions would facilitate matters greatly, being able to exercise the right as a shareholder to ask questions and to have them answered is equally if not more important. That being said, how many of you really think that FAMH will not show any profit at all from the independent auditing source? If the numbers are that far off I know someone would be in alot of legal broohaha for sure. Personally, although I am dismayed somewhat by how the numbers have changed, I believe and will reserve final judgement for the audit release. If they do show a profit at all, they are still undervalued IMO. Jin.

To: Little Engine who wrote (2514)	2/3/1998 11:31:00 AM
From: lowell	Read Replies (4) \| Respond to of 27968

L.E. - Thanks for the vote! But, unfortunately I don't think I will be around long enough. Reading this thread has been like a mystery novel (what suspense! -will investors reap the rewards or will Ira be carted off to jail). As soon as the financials are out Im gone. Besides, I think Little Engine IS the most qualified to ask the questions. I am extremely confident that he will NOT gain any money if this stock goes to $10 or to $0.01. So, in my opinion, who better to ask the questions? Someone who has no vested interest and only wants to know the truth, or someone who has a vested interest in the stock going up?? Hmmm....... With that said, I am quite surprised no one on this thread has been discussing the dilution effect from this $25 mill credit line. To me, this seems more like a deal with a VC (Venture Capitalist) firm than with a bank - cash for equity. Any comments????? (Jonathan - with your revolutionary, new-wave finance skills, you might want to calculate FAMH's future stock price using DILUTED EPS - this way, you might only get $5.50/share by next month). Regards All, Lowell