FAMH - FIRAMADA Staffing Services Message Board

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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Bill Brown who wrote (12892)	4/19/1998 9:18:00 PM
From: Larry Bongiovi	Read Replies (1) of 27968

"Schedule 13D discloses beneficial ownership of certain registered equity securities. Any person or group of persons who acquire a beneficial ownership of more than 5% of a class of registered equity securities of certain issuers must file a Schedule 13D reporting such acquisition together with certain other information within ten days after such acquisition. Moreover, any material changes in the facts set forth in the Schedule generally precipitates a duty to promptly file an amendment on Schedule 13D. The Commission's rules define the term "beneficial owner" to be any person who directly or indirectly shares voting power or investment power (the power to sell the security)." The above is a quote from the SEC regulations. It would appear that Firamada acquired 5% of ATRIX a registered equity, and therefore, Firamada is required to file the 13D within 10 days. So either Firamada does not have 5% of ATRIX, or they are delinquent filing the proper forms with the SEC. Someone may want to alert Firamada of this regulation as they normally don't need to file with the SEC. Larry

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