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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: Little Engine who wrote (24895)10/17/1998 1:16:00 AM
From: CO  Read Replies (1) of 27968
 
Little Engine, I stated in the past that if the 1997 financials were not showing the expected .1085 EPS, that I would admit that you were right. And yes, YOU WERE RIGHT.

The 1997 financials are extremely disappointing. They are not at all what we were lead to believe they would be. They are just unbelievable. I do not agree with everything that you say, but you were completely right about the financials.

As Brad and I have said in the past, we think Arif should resign.

I think the company has a good core business. It seems like the current management is trying to clean up the mess they were left with and trying to regain shareholder value and credibility. And I hope that they are able to do so. I guess time will tell.

In my opinion FAMH's biggest hurdle to jump to regain credibility, is that Arif is still there. I really believe that for the best interest of the shareholders and the company, Arif should resign. But that is just my opinion.

I have been looking into possible ways to force Arif to return shares to the company. I was told by an attorney that a derivative suit would likely do more to regain value for the company than a class action suit. And that it would most likely be better for shareholders. But I don't really know much about that type of thing.
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