FIRAMADA (FAMH) - New 2-19-1998 - RESEARCH Posts ONLY! Message Board

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Microcap & Penny Stocks : FIRAMADA (FAMH) - New 2-19-1998 - RESEARCH Posts ONLY!

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To: JOHN WHITE who wrote (21)	3/3/1998 8:39:00 PM
From: JIN CHUN	of 65

Firamada Announces 1997 Audited Earnings NEW YORK, March 3 /PRNewswire/ -- Firamada Inc. (OTC Bulletin Board: FAMH - news) announced today the audited financials for 1997 are complete. Within a few days this documentation will be released to the public concurrently with the filing of form SB-2 with the SEC in order to take the initial steps to be classified as a reporting company. Firamada is pleased to report to its shareholders the final audited EPS for 1997 is $.1085 per share. Firamada Inc. is looking forward to continued aggressive growth in 1998. Firamada President Ira Monas, in discussing the near-term prospects said, ''1997 was a great year for Firamada, but 1998 promises to be even more productive and profitable. We are now positioned to make significant gains in the industry, particularly in the rapidly expanding IT market. ''Firamada has just signed substantial contracts with Allied Signal and Deloitte & Touche. These companies illustrate the type of quality agreements we are pursuing. We are confident in our ability to become a respected nationwide presence in the staffing industry.'' This press release contains forward-looking statements with respect to the results of operations and business of the Company that involves risks and uncertainties. Risks and uncertainties of the Company will be detailed from time to time in the Company's periodic reports to be filed with the Securities and Exchange Commission. SOURCE: Firamada

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