Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Firamada (FAMH) Positive Talk ( NO BASHERS ALOWED) -- Ignore unavailable to you. Want to Upgrade?

To: Warthog who wrote (26)	5/14/1998 10:18:00 PM
From: Bidder	Read Replies (1) \| Respond to of 105

To: All From: Bidder I just finished reading the 26 posts on this new thread & want to contribute something positive. Here is my positive post. Today & the past 5 days I sold all my other stocks at a loss & bought more FAMH. I now have all my eggs in one basket & don't care that they say this is something you should'nt do. I feel very strong about FAMH because of all the DD that was done by all the great people on the other thread. I now own 47,000 shares, averaged up & down to a cost of .42. I wish I had more money to buy more but now i'm tap city. But not for long. I think this is going to be a great thread & we will all be rewarded. Bidder

To: Warthog who wrote (26)	5/14/1998 10:51:00 PM
From: Mark[ox5]	Read Replies (2) \| Respond to of 105

Collin.. I believe the current "hypothesis" is FAMH drew against their line of credit to pay the "cash" for Myriad. So while it wasnt stock to MYRIAD.. it sounds like it was stock to BRISTOL Captial Management. Because according to the terms of the agreement... stock is issued in some ratio to the line of credit borrowed. So while FAMH can say "no stock was issued for Myriad..only cash"... that is true.. in a backwards way. Because to borrow on the line of credit, they have to issue stock (for the cash) That is my understanding of it anyway.. would like clarification from the company.. but.. we know how that goes. P.S. New post on the other thread from someone who was at the LV shows. Kind of confusing. Mark