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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: PHarris who wrote (22869)8/13/1998 10:34:00 AM
From: Warthog  Read Replies (1) of 27968
 
From the Undervalued Dog, some requirements for the
initial SEC listing.
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* The delay in releasing of 97' 10-K may have contributed to the decline of the stock price. Since this is the first time that xxxx files its 10-K with the SEC, the procedure is much more complex than a regular filing. Mainly, the SEC requires a full disclosure of a company history, ongoing litigations and their impacts on future operation of a company, last quarter's financials of 96, 97's financials, asset auditing of newly acquired companies, etc..
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This explains why they are doing 96 financials.

collin
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