To FAMHily Shareholders:
On Friday, the StockGuide Newsletter's subscribers reviewed our information that we obtained from Mr. Ira Monas. In our conversation with Mr. Monas, he elaborated on his plans for the future...however, he denied the tough questions by saying that the questions were, "PISS-POOR" and "very poorly asked" ? We continued with the conversation, got into financials, acquisitions, etc. From that conversation, we gave our members the "facts" that we had. On them, we had to give a recommendation to stay neutral - if securities held more than 6 months. If new, a BUY with news being released.
As, we all had the opportunity to review the "PISS-POOR" news release that was submitted to the wires by Firamada Inc. on Friday, I issued an immediate SELL this morning to our investors. Not only on the news release, but for the facts that keep coming into us from our sources.
One of the questions that Mr. Ira Monas would not answer on Friday was the fact that our sources were telling us that they talked with personnel at the SEC filing desk, and that they informed them that FAMH was called by the SEC regarding the lack of filing information, on behalf of shareholders. Mr. Monas responded by saying...that he just signed off on the 1997 numbers (In May 1998), and didn't know why the shareholders thought that numbers were to be released to the SEC.
For the lackfulness nature that Mr. Ira Monas runs FAMH and the non-release of information. We will have to recommend waiting for AUDITED FINANCIALS to be released to the SEC, with maybe another opportunity review this company in the next few weeks.
Another note: WEBSITE will not be up due to technical problems? As stated by Mr. Ira Monas.
We are currently recommending to our clients other companies that we have been researching and evaluating.
We got our clients out of the remaining shares at .375
I hope that everyone protects their securities and holdings. Remember, DO NOT LOVE a STOCK...When it makes you money...move on! We are also sorry to the SI threaders that we could not release our information any eariler. Our earnings come from our subscribers, so they must be the first contacted and their holdings are our first concern.
Please Private Message me if you are interested in our new Thread!
Thanks,
Mackie (I will say it again...where's the FAMHily...especially Cheryl, but it seems that everyone else is holding the bag?) |