FAMH - FIRAMADA Staffing Services Message Board

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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Little Engine who wrote (24881)	10/16/1998 6:58:00 PM
From: R. Murphey	Read Replies (1) of 27968

LE: Control WHAT?!?!?!?!?!?! Is there really a company under there? Let's see..... Re: 1997 Assets 235,629 Current Liabil: 1,666,077 (primarily due to failure to pay taxes) Ops Cash Flow: (586,000) (excluding "Financing Activities") For '97 they were only held above the surface by selling $790,000 worth of stock. Cash flow will be further reduced by $60,000 as the "CEO" extinguishes debt of "loan". Sales decreased substantially. For '98, they have increased liabilities through the tax liability assumed from Myriad acquisition in the amount of what .... 3.5 - 4.5 million. With the major negative cash flows, it seems their only source of funds is the sale of stock. How many shares are left? Just think how much better things would be if they had simply sold stock and invested it in safe instruments, forgetting about trying to represent themselves as a "business". Their slogan could have been "just send us your money,... we want to live well". As always, these views are a humbled, warped opinion and I feel your pain.

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