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Microcap & Penny Stocks : Financial Institutions and BB stocks

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To: Leroyt who wrote ()	5/29/1998 5:06:00 PM
From: Leroyt	Read Replies (2) of 25

Bristol Asset Management of Los Angeles is apparently a mutual fund. They have been invoved in the financing of Great White Marine (TGSK - formerly Tigershark) and also Firamada (FAMH). The Line of Credit to TGSK is Prime + 2%. Sounds like a good deal. The line of credit to FAMH is "through an equity investment in the amount of 12 million US dollars" -- the nature and terms of this loan are not disclosed. They are provided personnel suggestions and strong suggestions of Firamada. The President has been replaced by a person recommended by Bristol and the new accounting firm (Merdinger, Fruchter, Rosen and Corso, P.C. 688 Seventh Avenue New York NY 10106. (212) 757-8400 ). FAMH is also in search of a CFO which I think Bristol has contributed to the search. Three candidates have now been identified. Any further comments on Bristol?

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