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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Freddie Forte who wrote (24461)9/30/1998 5:08:00 PM
From: Victor Tenorio  Read Replies (1) of 27968
 
In 1986 FAMH had a gross margin of 17.5%. 97 revenues of 8m would produce gross profit of 1.4m It is logical to guess that Ira and the gang would double the GSA to 2.9m and other expenses 750k. 2.25m loss would be .09c per share on average 25m shares. At the end of 96 famh had 20m shares at the end of 97 30m. 10m issued in 97. The million dollar question is when? In may 97 stock was at 1.10 then dove to .40c(shares issued) and recovered back to 1 for a few days(public buying dips) and went continuously down to .10c (constant sales) I think they issued most of them on the way down with average .30c That is 3m . Now FAMH has 0.03 eps. Comments anyone?

Victor Tenorio Houston TX .
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