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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: Richard V Davis who wrote (2938)2/9/1998 12:09:00 PM
From: Buckeye  Read Replies (3) of 27968
 
Richard,

The FAMH PR guy told me that, "I won't bull$hit you, we don't know when the financials are coming out. They have been delayed because of the Myriad acquisition". He said nothing about the inclusion of Myriad with FAMH. My take was that the time the auditors spent with Myriad, delayed the completion and release of the FAMH audited '97 numbers; not, that the delay was due to combining or including them.
The Myriad deal was time sensitive, as the IRS wanted their money, and the owners needed to be relieved of their tax liabilities. My personal opinion is that FAMH put the Myriad acquisition at the top of their list of priorities.
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