FAMH - FIRAMADA Staffing Services Message Board

STOCKTALK

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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Nutty Buddy who wrote (25466)	11/8/1998 7:11:00 PM
From: ElGator	Read Replies (1) of 27968

Buddy: I don't think a trading halt would benefit anyone, nor do I believe the SEC would force the issues you detailed. IF this turns out to have been a deliberate attempt to mislead investors, and IF the company carries certain insurance, and IF the policy is rich enough, and/or IF the principals are wealthy enough, a legal firm might consider taking a class action on a contingency basis. Were this the case, I would imagine that we would have already seen such action started. Based on the released financials, there's certainly nothing to be gained from going after the company. IF this has been an attempt to mislead investors, at the very least, I would expect to see the applicable parties criminally prosecuted and barred from active participation in any public company. Other than calling the SEC and telling them that we are less than amused about all this, there is little we can do about that. Just let the authorities do their thing. Per Note 10-3) of the 12/31/98 audited financials, an informal investigation has already begun. I still hope this thing turns out okay, but it looks to me like our flying pigs have crashed and burned.

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