FAMH - FIRAMADA Staffing Services Message Board

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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: lmw who wrote (845)	1/7/1998 7:43:00 PM
From: Brad	Read Replies (2) of 27968

LMW, My understanding is that FAMH has some cash from their operating profits and some cash from their 504 offering that was done last September. If Myraid had a tax problem, they may have been forced to do something quickly. I suspect FAMH got a pretty good deal by being in the right place at the right time and being able to do the deal quickly. When I spoke to Ira, he seemed very pleased with the deal and he indicated that shareholders would also be pleased. I imagine we will find out before too long either by a news release or by info that comes out of conference calls. Best wishes, Brad

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