FAMH - FIRAMADA Staffing Services Message Board

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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: tonto who wrote (16197)	5/9/1998 12:03:00 AM
From: JOEY	Read Replies (3) of 27968

Tonto: I just read your long winded non-conclusive report on "What is a balance sheet". Accounting 101 states a balance sheet is a picture, at any given point in time, of a company. Specific information relating to the balance sheet can be found in the Notes to the audited financial statements. So if you want specifics, wait for the full audited report (ie. income statement, cash flow, statement of retained earnings, schedules, and notes). No where does it state that you need "specifics". This BALANCE SHEET looks pretty healthy to me. With VERY little debt, and huge cash, I think the company is in great position. It can be very self-sufficient, not needing any or little outside financing to grow. If you disagree, please enlighten me with "specific" problems/numbers with the balance sheet. The article you referenced doesn't seem to apply. It is all mumbo jumbo. Thank you Ira and I am looking forward to the future of FAMH. Jake

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