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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: M Murphey who wrote (25051)10/19/1998 5:19:00 PM
From: Traveler  Read Replies (1) of 27968
 
Mr Murphey:

Have we missed the boat? The way Ira/Arif did business was to give shares away. Mr. Bristol probably got millions of shares to compensate for the LC. Do we know when the LC was granted and what the MV of the stock at that time? A short-player with millions of shares could easily bring the MV down and make $$ at the same time.

So why hasn't the LC been used yet? What is the current balance of tax liability and the status of cash in the coffers? A picture is being painted here and the last stroke of the brush is the current quarter.

Freddie......any word on profitablity from Randy? He must know! Oh maybe not, they don't have an accounting dept anymore.
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