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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: Dick Lee who wrote (19787)5/28/1998 8:11:00 PM
From: Leroyt  Read Replies (2) of 27968
 
Dick, You may be right on the stock price falling but who can say.

I agree on another PR disaster. That's two weeks in a row.

Last week, when the shareholders are thinking we're at 50 million shares. We are told the share count is 70 million. NO EXPLANATION.

This week, the shareholders have been told (over and over and over again) that financials will be out on EDGAR tomorrow. Today, we are told, on the advice of the new CPA, that the financials are best completely done by their office (not the old firm) and should be released after they are completed. Corso's firm may be retained on Monday to do FAMH's financials.

Again, NO GOOD EXPLANATION.

Are they fools? or just trying to drive the stock price down. Maybe this is how they are going to reduce the share count and float. At 0.02, FAMH could buy back a LOT of shares. Actually, I am joking.

BUT (this is a BIG BUT) to me this shows that Bristol Asset Managment is probably playing a larger and larger role in the decision making process. Bristol probably only want released financials from an auditing firm that they KNOW and trust.

HIRE THE NEW CFO!!! He MUST have substantial experience with PR and public companies. Unfortunately, they'll probably have to issue him a LOT of shares (or options) to get someone worthwhile.

later and hoping for consistency into the future, leroyt
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