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


To: raven who wrote (13349)4/22/1998 6:16:00 PM
From: Warthog  Read Replies (2) | Respond to of 27968
 
Raven,
I think the following from BCfan sum up the state of FAMH:
""
I think things are progressing. This is what we have been led to believe:
1) Thurs Conference Call
2) Fri FAMH send financials to ATXI
3) Mon FAMH releases financials to public
4) Thurs ATXI merger deadline for definitive letter of agreement.

I will revisit my buy/sell decision Next Friday after these items have/haven't transpired.
""

I am deeply concerned about the growing # of shares in FAMH. Up to
51 million now and just a week ago it was 47 million and on 2/25
it was 36 - 40 million. In my opinion that is 25% increase in shares
and a 20% drop in the price (from .70 to .56).

I think next monday will be critical, the release of the audited
financials. They have been delayed since Feb. 1.

collin

<chompers seem to be ok, no problems>