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

To: dexx who wrote (8558)	3/27/1998 5:08:00 PM
From: kentoo	Read Replies (1) \| Respond to of 27968

Wont they have to keep one(or both) of these stocks halted ? Otherwise, rapidly changing stock price variations with both symbols can make this 4:1 agreement good at one moment, and bad 15 minutes later. I know nothing about this type of thing and would appreciate any insights all of you have about this. I bought back at 0.41 and bought more today at 0.67 when the news came out. I guess INTHEFLESH really is Ira; the OTC-BB has made me so jaded I trust very few posters who dont have a profile that I can look at. Guess I wont have to worry about the BB anymore :> ken

To: dexx who wrote (8558)	3/27/1998 6:59:00 PM
From: Mark[ox5]	Read Replies (4) \| Respond to of 27968

We have a CORRECTION: READ THIS Friday March 27, 6:38 pm Eastern Time CORRECTED - Firamada seeks control of Atrix In NEW YORK item headlined ''Firamada seeks 100 percent control of Atrix (ATXI - news),'' please read the fourth paragraph as ... The letter of mutual intent have been submitted to Atrix directors for approval, Firamada said. ... instead of ... The companies on Thursday signed the mutual letter, which outlines broad provisions of the deal that still must be negotiated, the release said. (company corrects its release to show Atrix has not yet signed letter.) A corrected version follows. NEW YORK, March 27 (Reuters) - Firamada Inc. (FAMH - news) Friday said it has submitted a mutual letter of intent to Atrix International Inc. to gain 100 percent control of Atrix. Under a two-step process, Atrix would acquire 100 percent of Firamada, traded on the bulletin board, then Firamada directors would take over the new company, which would retain the Atrix name, a statement said. ''Firamada Inc.'s intent is to attain Nasdaq status as quickly as possible,'' the release said. ''This two-step process allows Firamada to trade immediately as ATXI, a Nasdaq listed company.'' The letter of mutual intent have been submitted to Atrix directors for approval, Firamada said. (company corrects to show Atrix has not yet signed letter). A purchase price was not given. Upon signing an acquisition agreement, Atrix directors would resign and a new board would be appointed by Firamada, the release said. ''Firamada management will transfer all staffing service company assets, including the Myriad Employment Services acquisition, tentatively scheduled to close Friday, April 3, to Atrix,'' the statement said. The new company would continue to trade under the symbol ATXI, the release said. Atrix stock traded at 3-3/8, up 1-1/8, Friday afternoon. Firamada stock traded at 0.67, up 0.1.