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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: Mark in thoughts who wrote (21285)6/27/1998 10:02:00 PM
From: Lurker  Read Replies (2) of 27968
 
Well, it has been almost a month since the audit started to get the financials done that were promised months ago (and the liars announced that it was finished). We have waited patiently for a month for the company to turn itself around and stop lying to us.

All reporting companies announce their financials within 45 days of the end of each quarter. Most announce the results of their yearly audits within 30 days of the end of the year.

It will be interesting to see if we get the results of the audits by June 30, or, at least by July 15. If we don't get the results by July 15th we can assume one of 3 things:

1. FAMH is secretly much bigger than Microsoft, GM, etc. and cannot complete such a mammoth audit in less than 45 days like they do.

2. FAMH has hired a stupid, incompetent auditing firm that is unable to add up columns of numbers like all the other reporting companies.

3. FAMH has no intention of releasing any numbers. They consider the purpose of having shareholders is just to have fools to fleece.

No financials = no creditability = pennies per share.

Lurker
(Thinking about buying more hemorroid cream so that I will be prepared to take it in the @ss again from FAMH if the financials are not released by July 15.)
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