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

To: JIN CHUN who wrote (6149)	3/13/1998 9:28:00 AM
From: Mr. Stress	Respond to of 27968

Can't get an accurate quote, Yahoo is showing .55 x .75

To: JIN CHUN who wrote (6149)	3/13/1998 9:28:00 AM
From: HG	Read Replies (2) \| Respond to of 27968

To All, Bid .55 Ask 59 HG

To: JIN CHUN who wrote (6149)	3/13/1998 9:28:00 AM
From: BarbaraAnne	Read Replies (1) \| Respond to of 27968

Now .55 and .59 EOM

To: JIN CHUN who wrote (6149)	3/13/1998 9:39:00 AM
From: David A. Irvine	Read Replies (3) \| Respond to of 27968

Look, there is a big difference between a reverse split and a reverse merger. As has been beaten to death on this thread, the main reason for a reverse split is to lower the outstanding shares, which will raise the EPS and the stock price. A reverse merger is when companies MERGE. The shares that are traded/exchanged are based on their pre-merger price. For example, if FAMH had a stock price $10/share, and was merging with a company that had a stock price of $5/share, than FAMH would most like do a 1 for 2 exchange when the companies merge. (NOTE: The potential, etc. of the companies would also be taken into account.) However, since FAMH most likely has a lower stock price than the NASDAQ listed company it is merging with, there will be a 4 for 1 exchange. So, my point is that the fact that FAMH will trade 4 shares for 1 share is based on the stock prices of the two companies that are merging. This is not a reverse split. This horse is dead, I hope....let it rest. -Dave