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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: John Fairbanks who wrote (225)11/29/1997 2:20:00 PM
From: CO  Read Replies (3) of 27968
 
John, I agree with you. It is very refreshing to see a OTC-BB company that is making a very nice profit. Many BB companies seem to have some great future expectation that may or may not ever happen. This draws in many people thinking they are going to become millionaires when some miracle cure is finally able to be marketed. And many times the stock can go to a $1.00 or more and the company is STILL losing money.

I would much rather have my money invested in a company that is doing a needed service in a high profit industry than some pie in the sky company that is still losing money.

Yes, The company has indicated that they have NO intention at this time of increasing the total outstanding shares. And they said they do not currently see any need to do this in the future.

I don't see any logical benefit to increasing the total outstanding shares. As John stated, it would appear to work against what they are trying to accomplish.

Audited financials and SEC filings are the last two pieces of the puzzle, in my opinion. That is why the stock is at such a low price right now.

When I last talked to Ira (company president), he said that he DIDN'T want to see the price artificially inflated. He said there are ways that could be done. But that IS NOT what the company wants. The price of the stock will increase on the company's merits.

I think what gives me a level of comfort is my numerous conversations with the company. What they have said they would do, they have done. That gives them credibility to me. I can't ask for more than that.

I don't think this stock will be a secret for much longer.

Cheryl
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