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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: lmw who wrote (865)1/7/1998 11:57:00 PM
From: Sojourner Smith  Read Replies (3) of 27968
 
I talked to the Investment Banking firm late this afternoon.

I learned alot, but unfortunately the person I talked to wanted me not to post our conversation here or anywhere, but I would like to address some issues here without breaking my promise.

Some people on different threads and this thread have expressed
concerns about how the purchase deal is being financed and the lack of reporting information. I like to consider all points of view
and wondered if their fears were grounded.

This is my current take on this company, probably nothing new
to people who have been here awhile, but I don't think everyone
is clear about somethings.

1. The obvious which I now understand better:
FAMH cut a deal with the investment banking firm to get this
stock moving. My question is: what's wrong with that? Is is
working.
2. Like many companies now, they say they will be reporting soon.
People have been critical and skeptical. What I have heard
is that they are expanding to Miami and they will double their
original business next year. And now they are buying a new huge
income source. In about 3 weeks they will have the 10K report
they say. I guess I believe all of what they say. I don't see how
this could be a scam. I am amazed that people who bought TRGC
have knocked this stock.
3. I don't have all details on the purchase deal, but the company
is a good deal because of the lien. It is good IMO about the
lien - that's how they got the company so cheap. And yes there
will be a share deal cut, but that is also how he will get this
company that will make FAMH more money.

The bottom line is: the management is doing everything it can to
make money and bring the stock up. And it is working. I don't
think it will be on hype, but on real value.

One last comment- I posted the charts because there was some
interest on share blocks. Not everyone has that info and I almost
think it unwise for people any stock without seeing the trading logs.
I know now why some of those trades were made and I don't care
because money will be moving back along with new money.







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