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


To: Buckeye who wrote (8753)3/28/1998 11:09:00 AM
From: Little Engine  Read Replies (1) | Respond to of 27968
 
Once the deal goes through? Surely you are joking. It doesn't sound like ATXI is in love with FAMH. They haven't even signed anything. FAMH is as likely a suitor as a dozen other companies right now, some of which know how to cut a deal quickly and correctly.

From the initial release:

"The Mutual Letter of Intent, agreed to and signed March 26th, includes the following provisions which shall be present in an agreement now being negotiated by the principals of Atrix and Firamada:"

All FAMH said was: both companies signed the letter of intent yesterday, it's based on the following provisions, and the prinicipals of the companies are talking to each other about it.

ATXI response: we haven't signed anything, we haven't agreed to any provisions, and we haven't talked to Ira.

Gee, somebody's not telling the truth here.

Let's examine which "brilliant businessman" backed off his statements after the ATXI release. That might give us a clue.

L.E.

P.S. Any guess on what sort of press releases and over-the-phone statements FAMH will issue Monday to try and prop up their stock? I wonder how many people will say they are sticking with it on the board while they are busy calling their broker on the second line...part of the poker game, I guess.

BTW, where did Cheryl and Brad run off to?



To: Buckeye who wrote (8753)3/28/1998 11:27:00 AM
From: Bill Brown  Read Replies (1) | Respond to of 27968
 
Buckeye,

Not sure if this is the person you're referring to or not, but Jerry Mathwig, President of Metro Sales, Inc. has been buying shares. Before the reverse split in December he owned 742,000 shares according to the SC 13D/A filed 12/2/97. I would assume after the split he's down to 185,500.

sec.gov

Bill



To: Buckeye who wrote (8753)3/28/1998 12:34:00 PM
From: LoneWolf  Respond to of 27968
 
This is just a theory of mine and I'm always open to discussion
All i was trying to point out is:
There are likely to be some shareholders that saw this opportunity to get out of ATXI during the runup because of the possible delisting and stagnant shareprice. Those that sold into the buying were replaced with the speculators that might very well sell on monday because of the ATXI CEO's comments in the PR. I know I would. Therefore, with some of the investors gone and downward pressure, the shareprice might drop below what it was to begin with.
The name of the game is making $, If I could short stocks under $5 I would certainly short ATXI and take the profits from that and put it back into FAMH.

Lone Wolf....looking for a leg-o-lamb for lunch!