FAMH - FIRAMADA Staffing Services Message Board

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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Freddie Forte who wrote (24684)	10/8/1998 10:01:00 PM
From: dave brown	Read Replies (1) of 27968

I agree with you that someone has got to have some information on what the '97 numbers are. I cannot believe that a 9 cent stock will announce 10 cents per share earnings. IMO its going to be a loss. Also IMO its past the point of Arif making restitution. He can give back 30 million shares and still be sued. It only takes a couple of investors to initiate a class action, not all of them. The area that none of us knows about is law. We keep talking about the March release of the .1085 1997 earnings, but what about the investors who bought based on the six year pro forma. That was retracted. Why couldn't a class action be brought on that issue alone? There is probably some loop hole where FAMH can announce a loss for 1997 and not be liable. I'm not saying that would be fair, but it could be the law. I still think you will see a reverse split. IMO if someone or some other staffing company doesn't take an interest in FAMH and buyout Arif, the bid may hit a fraction of a penny. Before everyone flames me for my comments, remember, you guys have zero confidence in Arif.

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