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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: luckyw who wrote (23807)9/9/1998 10:32:00 AM
From: Freddie Forte  Read Replies (2) of 27968
 
lucky....Negative probabilities???? I see it as a realistic scenario. Don't let the new hires shroud the fact the Arif is pulling all the strings. New management has been here since May. Give me one clue or indication that this "new" management team has really changed anything. I'm not shooting shareholders in the foot. Firamada is, however. They have religiously missed deadlines, misled investors, and basically treated us like pieces of dirt. Arif Adams has lied on conference calls and on television. He's lied about earnings. Management will not answer any questions concerning the financial condition of this company. And, you say, I'm creating doubt. Look at the company's track record. That says it all. I'm a stockholder, also, and I've taken my head out of the sand. The auditors HAVE HAD a reasonable time to complete their work. I run my own company and if my auditors took this long to substantiate transactions, I would be unable to establish credit with any viable vendor looking for credibility. They are delaying these financials for a reason and, I believe, it is fear of a class action lawsuit. Of course noone can substantiate this unless you're Arif Adams. I have been in touch with the SEC as I have stated and Famh is under investigation whether you like it or not. If nothing is wrong, then we have nothing to worry about. I'm a shareholder looking at a substantial paper loss due to an unethical and devious businessman whom I despise. But I'm stuck here. Obviously, we all hope the company comes clean and becomes a success. Will they? These constant delays aren't helping.
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