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


To: MiriamsSon who wrote (14255)4/29/1998 12:07:00 AM
From: TraderGreg  Respond to of 27968
 
The most cost/effective reverse mergers are the ones where the "surviving" company really gets something accretive out of the deal. As you have to pay shares to get the XYZW company, they better have value or they better be dirt, dirt cheap or you better be moving on up to the listed crowd.

If they have value, do they need you? Usually not.

So, the best route is a shell that is about to go under but is still hanging on to those maintenance reqmts.

ATXI would have accelerated the process of getting the listing but if the parties couldn't work out a deal, well that's business. In the final analysis, FAMH has the criteria, they just need to go through the paper work. Little more time, but no dilution occurs.

But what happens to ATXI? Hmm. Time will tell, but I think this hurt ATXI far, far more than it hurt FAMH. JMHO