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


To: HRGuy who wrote (10216)4/2/1998 4:29:00 PM
From: KS  Respond to of 27968
 
CC call...Ira not on... Tim Brink from Wexford Capital (sp?)



To: HRGuy who wrote (10216)4/2/1998 4:29:00 PM
From: CO  Respond to of 27968
 
It sounds like the conference call WILL be on the ATXI merger !!!
It will be with Tim Brink, Senior Managing Director from Wexford Capital !!!

Cheryl



To: HRGuy who wrote (10216)4/2/1998 4:38:00 PM
From: BCfan  Read Replies (3) | Respond to of 27968
 
Conference call recap:
Enjoy

Guest Speaker:
Tim Brink
Sr. Managing Director of Wexford Capital in Minneapolis, MN.
Discussions with Atix continue. He couldn't answer specifics as negotiations are continuing.

ATXI identified in 11/97. Looked upon as undervalued.
Wexford offered suggestions as to enhance value.
Wexford approached then FAMH after reviewing company performance and speaking with FAMH mgmt. They saw FAMH core business model as posed for tremendous growth. They see as FAMH mgmt as very strong

How does this merger affect FAMH?
Trading symbol change is up to Ira.
FAMH will be the controlling shareholder group with no tax consequences for FAMH holders.
Ira made a point to Wexford that the main point is to enhance FAMH shareholder value.

FAMH won't be a new company. They will just be operating under the NASDAQ environment. With more exposure and tighter market-maker rules. All enhancing shareholder values.

Brink said that this will SIGNIFICANTLY increase shareholder value.

After letter of intent is signed,
all shareholders would have to agree on the merger.
Vote would happen between 14-60 days after special shareholder meeting.

Collateral Agreement signed by Myriad today 4/2.
Official Closing next week.

Special Event Conference Call at 12:00 PM EST.
1-800-860-3035 Be there or be square!

Go BC

BCfan