SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dusty Vestal who wrote (2876)2/6/1998 6:58:00 PM
From: Little Engine  Read Replies (1) of 27968
 
No, Ira's got all the answers... all I'm left with afterward are questions <g>

Speaking of past news releases...

<<<<NEW YORK, Oct. 31 /PRNewswire/ -- Firamada (OTC Bulletin Board: FAMH)announces today an agreement in principal with Tech Support of California, to acquire their company. This acquisition will add approximately 4.5 million dollars in sales to Firamada.
Ira A. Monas, president, states that financing for the acquisition, as
well as others, is currently in place. Tech Support specializes in the Temp and Permanent staffing of High-End computer programmers and engineers.
Firamada's management team states that they remain aggressive to acquire high-end specialty niche players in the staffing market place.
In conjunction with their investment bankers, Alexander, Wescott & Co.,Inc., management feels they have the necessary backing to complete a slew of acquisitions.>>>>

Why does FAMH need a new "financial concern" if they already had Wescott's backing for a "slew of acquisitions"? Who broke off the agreement... and why?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext