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


To: Freddie Forte who wrote (9923)4/1/1998 11:28:00 AM
From: JOEY  Read Replies (1) | Respond to of 27968
 
First page of 4 page fax:

It is on Leibman & Oesch LLP stationary:

" Please be advised that as of March 30, 1998, Firamada, and/or its designee, has acquired in public market transactions and now owns or controls 5.09% of the outstanding common stock of Atrix International, Inc.

Firamada, Inc, shall cause to have filed with the SEC the proper notice documents within the manner and time prescribed by statute.

Very truly yours

Neil M Leibman



To: Freddie Forte who wrote (9923)4/1/1998 11:43:00 AM
From: LoneWolf  Read Replies (2) | Respond to of 27968
 
We ran into this situation of false releases over on the RMIL thread, and after talking to a securities lawyer, Only those that sold shortly after the false posting, and incourred an actual "loss" then they would have grounds for a lawsuit. So, if anyone bought over .61 and sold today at .60 because of the bogus post, they would have grounds. If you hold on to your shares, then it is only consitered a "paper loss" and won't hold up too well in a court.
I know this sucks, but this is the way it is.
ONLY THE COMPANY CAN SUE THE POSTER FOR SLANDER (criminal) and those shareholders that sold at a loss can sue for damages (civil).
If I'm wrong, please correct me, or contact the nearest securties lawyer.

LW