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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: M. Murray who wrote (17232)5/12/1998 8:43:00 PM
From: Gary Smith  Read Replies (2) of 27968
 
All, it would appear that the co. has bought back shares in the last week and reduced OS from 53 to 48m shares, according to the CEO's great post here today. . That is what we have been asking them to do. So, let's give them credit for a good move and encourage them to use some cash or the LOC and buy back a few more this week. The float is not 48m, Arif just repeated the OS #, and we should have a correction posted. Hang on

Ira has stated on different occasions that shares were NOT issued in the Myriad acquisition. Presumably they paid the $1m in cash.

The fact that Arif is attempting to respond to the more sensitive questions and reassure shareholders is another good sign. Ira's away trying to close a deal and find money. Good mission.

Since, Ira's out of pocket, he couldn't respond to my questions I sent him yesterday , so I just sent them to Arif. If he responds, I'm certain that the answers will be helpful.

Luck to all,
Gary
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