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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: Lonnie A. who wrote (21568)7/6/1998 10:47:00 PM
From: Victor Lazlo  Read Replies (2) of 27968
 
Lonnie- do you or anyone else know the status of the payroll financing that Ira used to talk about generating $2 million or whatever in pure profit for FAMH? Has this been found to be real, or just smoke and mirrors, yet?

And what about the Worker's Comp arrangement that Ira said would generate huge savings and which he said was one of the key reasons for the Myriad acquisition? Ira said at one point that the way to make $ in employee leasing is to cut the costs for the Worker's Comp, and that this was the clever strategy behind the Myriad purchase.

These two points are infinitely more important than the MD thing, IMO. I am suprised they have not been discussed on this thread since IRA left. If they are both found to be fake, than I will be one bummed out camper.

I would appreciate any insights anyone has on these two points.

Thank you.
Victor
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