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

To: Freddie Forte who wrote (26836)	3/1/1999 3:14:00 AM
From: Mr. Jens Tingleff	Read Replies (1) \| Respond to of 27968

It's reg S shares - foreign finance company buying stock at a discount price, not allowed to sell it for 3 months. This "feature" is used by companies that cannot get funded in more normal ways. Due to further regulations in such a deal, it is often connected with a pump from companys side, in order not to have to pay extra to the foreign "partner". So IMO these stocks are in the float. Kr Jens

To: Freddie Forte who wrote (26836)	3/1/1999 7:33:00 AM
From: tonto	Respond to of 27968

Freddie, as posted earlier, To: +Dick Lee (26824 ) From: +tonto Sunday, Feb 28 1999 12:52PM ET Reply # of 26838 Sukey knows nothing about any of the reg s deals? Start with the British Virgin Islands... you have the information in hand. Ask Cleve about case law... Foxbat....Great find. hmmmm. Now what's the correlation? Why were these companies issued shares of Firamada stock? This is getting very interesting.