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


To: JIN CHUN who wrote (13655)4/24/1998 3:07:00 PM
From: Gary Smith  Read Replies (1) | Respond to of 27968
 
What a job Riedel did; ATXI is down 43% since the announcement at 1:10 demonstrating his leadership ability. I feel sorry for their shareholders who were hanging on and those, including some FAMHers, who bought into the ATXI sucker play.

BTW, Riedel and the CFO only had 80,000 shares between them--BFD. They cared more about killing the deal to maintain their biweekly paychecks.

I have said since day one that ATXI was no big deal; that Ira should walk away in a New York minute. IMO he drove a harder bargain than Riedel and the Bd. mbrs he has in his pocket would accept, so they chose suicide, instead, and are going to do a Jonestown and take everyone in ATXI w/ them. SAD. Watch where their stock will be next week.

IMHO, we should prefer a listing via a merger rather than a reverse split, because of the history of what happens in the latter situation in most cases. A reverse merger should adequately reduce our float.

Got to say this, "Riedel you are one DUMBASS!

Gary. Still waiting for the wire to land to buy more. Missed the firesale around 2, tho.