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


To: Dick Lee who wrote (20438)6/5/1998 6:42:00 PM
From: dave brown  Read Replies (4) | Respond to of 27968
 
This thread is really drying up, no pro or anti posts. People have commented about new management, but the head of the chicken is still the same (Arif).

Let's see if this prediction comes true: FAMH issues 40 mil? shares within the last few months, every holder lost % ownership. Arif has his 51% and all his pals have probably been taken care of. NOW AFTER A COUPLE WEEKS OF DISCUSSIONS, FAMH WILL REVERSE SPLIT THE STOCK. Arif maintains his 51%. I think it will be 1 for 10. Outstanding shares goes to 7 mil and the stock price to about $2.00. I know most of you are against a reverse split, BUT YOUR VOTE DOESN'T MATTER. Arif can do what he wants, his 51% can vote anything in. IMO anyone who thinks Arif issued shares to himself only to cancel them a couple of months later, is kidding themselves.