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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Brad who wrote (24923)10/18/1998 2:46:00 AM
From: Little Engine  Read Replies (4) of 27968
 
Brad -- finally ready to doubt the FAMH press releases?

I think that horse has left the barn.

For the record: I never had anything against you buying the stock. Or liking the stock. Or expressing your opinion that it was a good buy, even.

What I had trouble with was you and Cheryl stating company press releases that were extremely questionable as undeniable fact... as well as encouraging others to depend on you for "facts" and to invest in FAMH.

"Earnings" that could not be backed up with a shred of evidence -- that did not even make sense under the slightest scrutiny -- were true, in your posts, beyond a shadow of a doubt.

And you hammered, and hammered, and hammered as you whipped the crowd into buying frenzies. You even came up with "valuations" of the company (I think you valued FAMH once at $20/share) based on their non-existent present and future earnings.

Ira used you as a pawn, and you cheerfully accepted.

Here's a good example: #reply-2783503 , where you posted the FAMH "financials" for the first six months of 1997. Did you wonder how FAMH came up with a 30% profit margin? No, you just stated the figures as fact and said the financials looked "mighty good" to you!

Another "fact", this reported by Cheryl in November "audited financials will be out in 2-4 weeks" #reply-2823597

No mention of who at the company might have told her that. Not even a "Ira claims that..." Nope. Just presented as something written in stone from an insider's view.

More B+C "facts"....
*** " It is very refreshing to see a OTC-BB company that is making a very nice profit." #reply-2837463

**** "The 3Q revenues figures ARE ACCURATE. Revenues of 1.7 million and income of 1.3 million." #reply-2918380

***** "Actions speak louder than words. FAMH is ACTION. LE is just words." #reply-3604411

If anyone disagreed, they were labeled a market maker or worse.

And of course my favorite conspiracy post of all time: #reply-3729979

It strikes me, Brad, that your "conversion" is rather sudden. I hope it takes.

Even after it was obvious that FAMH lied in press releases, you continued to believe anything any other BB company said in a press release, like your projection of $36 million in GLOW revenues with a "50-70%" net profit margin. Then you regurgitate unbelievable profits from KWIN in recent weeks because they were claimed in a press release...

Am I no longer going to see posts from you on BB stocks, saying "I talked to the CEO, and they are making money, and they will be filing their audited financials 'very soon' and applying for the Nasdaq?"

Are you saying you might actually question ridiculous BB stock claims from now on?
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