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


To: cadson who wrote (7361)3/20/1998 6:54:00 PM
From: Double Dipper  Respond to of 27968
 
Cadson,

That is a dead horse my friend. Settle down, and just wait like
the rest of us (good things are coming). I'm not telling you to like it or even accept it, that is just the way it is - I've got the battle scars to prove it.

Kevin



To: cadson who wrote (7361)3/20/1998 7:00:00 PM
From: Leroyt  Read Replies (1) | Respond to of 27968
 
As I understand from a colleague of mine talking to Ira, the audited financials will be released after they are combined with the company with whom they are merging. The joint financial statement will give a complete view of the company so that it can be better evaluated for a post-merger price. The totals are to be released after the merger is complete to maximize the effect on the stock price.

But, personally, I wish FAMH had just released the audited earnings and then dealt with the merger.

Later, Leroyt



To: cadson who wrote (7361)3/20/1998 10:31:00 PM
From: CO  Read Replies (1) | Respond to of 27968
 
Cadson, That makes sense. This is on the same line as John's thinking in post #6750.

If this is the case then it would allow the company to know that they do in fact have a 10.85› eps, but obviously releasing the actual financials requires more time.

I know in the past I have been informed by my CPA what tax liability I have had with my business, prior to the actual paperwork being complete. And I have also been given an expected completion date and have seen delays. The companies that I have owned were private companies. And I would imagine there is even more paperwork involved with a public company.

Thanks for giving your insight on this matter.

Cheryl