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


To: JIN CHUN who wrote (10365)4/3/1998 12:02:00 PM
From: DutchDT  Read Replies (1) | Respond to of 27968
 
Anyone: Can we have minute to minute updates to the CC?
Thanks...

P.S. Buy at 0.6875 52K



To: JIN CHUN who wrote (10365)4/3/1998 12:02:00 PM
From: Double Dipper  Read Replies (1) | Respond to of 27968
 
How many momentarily's add up to a now? Up to .68 Now

Kevin



To: JIN CHUN who wrote (10365)4/3/1998 12:03:00 PM
From: Mackie  Respond to of 27968
 
The Conference Line is very busy...it took 10 minutes to get thru!



To: JIN CHUN who wrote (10365)4/3/1998 12:04:00 PM
From: P.L.A.  Read Replies (5) | Respond to of 27968
 
Someone please answer me this: Do we WANT a big price run-up before the reverse merger? It would seem to me if FAMH is worth, say, $1.50, and AXTI is worth $3....that would be a major screwing, at 4 to 1...Somebody clear me up on this, please...
Pablo



To: JIN CHUN who wrote (10365)4/3/1998 12:07:00 PM
From: BuyPenniesSellDollars  Read Replies (2) | Respond to of 27968
 
HELP!!!!!

Guys, what's going on here?? I've been on hold for 'the next available operator for the last ten minutes!! Can anyone post if the CC has already started or not!!

If so how bout a synopsis as soon as possible.

Thanks in advance

BuyPenniesSellDollars

P.S. I was just told that I was in fact on hold till it begins! Bring it on IRA!! I think I'll get my broker on the other line!!!



To: JIN CHUN who wrote (10365)4/3/1998 12:21:00 PM
From: BCfan  Respond to of 27968
 
FAMH 4/3/98 Conference Call Recap:

Started 8 minutes late.
Replay # 1-800-222-9751
"Special Event Conference"

Ira on the call.
FAMH signed Collateralization Agreement.
Myriad owed over $11M in back taxes.
FAMH talked it down to $4.5M.
$1M down and the rest in payments.
(FAMH shares will now be taken out of escrow that were counted in float)
FAMH essentially buying Myriad from IRS.

Myriad over past 3 months has gone fromm 5,000 to 6,500 employees leased since FAMH got involved.

ATXI real story:
ATXI does not know what they are doing.
$4M in hard assets
$1.6M in cash
30% of shares owned by insiders
FAMH purchased 5.09% in the open market, not for an investment, but to "put the screws to them"

Ira will be in charge of the company. He anticipates selling the whole thing off. Anticipates being able to raise $3M in cash.
The ATXI folks will have no board seats. They'll be out of there.

Signed a Purchase & Sale for a small firm in Manhattan specializing in high-end banquet staffing.

Another takeover in Phoenix in the works.
Another takeover in Hartford in the works.

Payroll financing.
Pure profit.
(One person inputting a few hours a day)

FAMH getting into Workmen's Comp area.
I got lost a little bit, but it looks like another revenue stream with very little expense structure.

IRA friggin' rocks!!!

Go FAMH
Go BC
BCfan