As ever this thread is very interesting and full of intrigue. Now, here we have a company that has been in business for some time (20 years?) which voluntarily submits strong financials. On the other hand we have a group of anonymous people making unsubstantiated accusations. Hummm difficult to decide what to do..who to believe..humm still thinking about this..
Victor
Friday May 8, 3:42 pm Eastern Time
Company Press Release
Firamada, Inc. Releases Audited 1997 Balance Sheet and Six-Year Pro Forma Projections
NEW YORK--(BUSINESS WIRE)--May 8, 1998--Firamada, Inc. today released the Company's Audited Balance Sheet for 1997 and also Pro Forma projections for 1998-2003. The future projections listed below do not include anticipated income generated from the production of The Morton Downey, Jr. Show, Firamada's re-insurance of workman's compensation plans or Firamada's payroll financing division, all of which are expected to be highly profitable.
FIRAMADA, INC. 1997 Balance Sheet: Period Ending Dec. 31, 1997
ASSETS:
-Cash $2,815,273 -Accounts Receivable $ 863,428 -Inventory $ 0 -Prepaid and Other $ 213,125 |