SI
SI
discoversearch

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 : FAMH - FIRAMADA Staffing Services -- Ignore unavailable to you. Want to Upgrade?


To: Steve1 who wrote (18932)5/22/1998 8:46:00 PM
From: Mel Viticus  Read Replies (1) | Respond to of 27968
 
Steverino, does not the dilution aspect of this scenario bother you? I guess if they were more forthcoming with this subject it would be much more comforting, and I need some comforting please(not you).

Mel
Looking for comfort.com



To: Steve1 who wrote (18932)5/22/1998 10:12:00 PM
From: Little Engine  Read Replies (1) | Respond to of 27968
 
<<<<Many CEO's can opt to take stock in lieu of cash for payment of services. It's legal and not as taxable.>>>>

By the same token, why couldn't FAMH issue stock to itself, hold it as long as it takes to be considered a company asset, and then sell it?

Since they would be selling assets... it's now considered "earnings." And the earnings would jump, while adding cash to the balance sheet.

Nah, Ira wouldn't have tried anything like that. He's too honest.

BTW, what did your DD turn up, Steve? I'm curious what people are finding out (besides from company spokesmen).

P.S. What exactly makes a 24-28 million float "controllable"?