FAMH - FIRAMADA Staffing Services Message Board

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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Lonnie A. who wrote (14620)	5/1/1998 4:43:00 PM
From: Buster	Read Replies (2) of 27968

Lonnie, Here is the press release from Firamada regarding their 1997 earnings. Typically, most people believe what the management tells their shareholders so I would assume that the .1085 is factored into the share price. If they show something different from the press release than I would tend to think there will be a fluctuation in the share price depending on what the actual reported numbers are. Buster Note: the press release states "final audited 1997 numbers" NEW YORK, March 3 /PRNewswire/ -- Firamada Inc. (BB: FAMH) 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 Inc. -0- 03/03/98 /CONTACT: Firamada Inc., 888-831-2442/

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