Latest press release on FAMH:
Firamada Third Quarter Earnings and New Contracts
November 24, 1997 09:55 AM
NEW YORK, Nov. 24 /PRNewswire/ -- Firamada, Inc. FAMH announced today that a contract has been signed with Morton Downey Jr.'s Invest America, a syndicated talk show. The first taping took place last week and will be aired in January. The show will be seen in 85 cities nationwide. In addition, it will be seen on TWA and United Airlines reaching another 5,000,000 viewers through flight talk. The show will also be produced as a pilot show on Microsoft's "new" cable network.
Furthermore, earnings for the 3rd quarter of this year were $.06 per share thus creating a YTD of $.12 per share.
Firamada's finance subsidiary created in September showed a net profit of 73,645.25, in its first month of operation.
Other developments include the opening of the Houston, Texas office, which expectations are to add a minimum $1,500,000.00 in sales for next year. In New York a formal contract was signed with AIG Insurance, to supply their underwriting department with additional assistant underwriters due to an added marketing push by AIG. SOURCE Firamada, Inc |
