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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services -- Ignore unavailable to you. Want to Upgrade?


To: Jim Wood who wrote (27694)10/25/1999 11:18:00 AM
From: tonto  Read Replies (2) | Respond to of 27968
 
Firamada Inc. Intends To Become a Reporting Company in 2000

LONG BEACH, Calif.--(BUSINESS WIRE)--Oct. 25, 1999--Firamada Inc. (OTCBB:FAMHE - news) Monday announced that it intends to become a reporting company with the Securities and Exchange Commission in 2000.

Due to changes in regulations, Firamada's common stock will be delisted from the OTC Bulletin Board in November solely because it is not a reporting company. At the time of the delisting, Firamada's stock will become listed in the Pink Sheets. In order to regain its listing on the OTC Bulletin Board, Firamada must first become a reporting company.

D. Robert Albi, president and chief executive officer, stated that: ``In order to become a reporting company, Firamada intends to file a Registration Statement with the SEC shortly after the completion of our 1999 audit. After Firamada becomes a reporting company, we will file an application to again have our common stock listed on the OTC Bulletin Board.'

Albi further stated that, ``Firamada intends to post its 1998 financial statements on its Web site during the week of Oct. 25, 1999, and expects that its 1999 audited financial statements will be available during the first quarter of 2000.'

Firamada Inc. is a national staffing and professional employer organization specializing in high-end temporary staffing, information technology placement, employee leasing and permanent placement personnel. Firamada and its subsidiaries currently operate offices in California, New York, Texas, Arizona, Georgia and Delaware.

For additional information on Firamada products and services, access the company's Web site at www.firamadainc.com.

--------------------------------------------------------------------------------
Contact:

Firamada Inc.
D. Robert Albi, 516/536-7240
Dalbi1@aol.com
Investor Relations, 562/624-6277



To: Jim Wood who wrote (27694)10/25/1999 12:07:00 PM
From: SI_Watcher  Respond to of 27968
 
No, I am not a member.



To: Jim Wood who wrote (27694)10/27/1999 2:04:00 PM
From: JustMy2Cents  Respond to of 27968
 
FIRAMADA, INC. ANNOUNCES AGREEMENT WITH EMC MORTGAGE CORP., A
BEAR STEARNS COMPANY

LONG BEACH, Calif.--(BUSINESS WIRE)--Oct. 27, 1999--Firamada,
Inc. (OTCBB:FAMHE) Wednesday announced that its wholly owned
subsidiary, Encompass Staffing Services, has entered into an on-site
staffing agreement with EMC Mortgage Corp., a Bear Stearns company.
As the exclusive staffing contractor, Encompass Staffing will
supply temporary, permanent and contract employees for EMC as EMC
requests.
Encompass Staffing will select and partner with several local
vendors to enhance the recruiting and selection process of qualified
candidates, thereby insuring a quick response to EMC's marketing
needs.
Encompass Staffing President Pam Taylor commented that "EMC
Mortgage has historically been aggressive in its use of staffing
contractors and this relationship could generate up to $3.5 million in
gross revenues over the next 12 months." She further stated,
"Encompass can anticipate gross profit margins of approximately 25
percent."
D. Robert Albi, president and chief executive officer of
Firamada, stated that "Firamada will continue to market its services
that generate higher profit margins for the company." He further
added, "Consistent with these efforts, we will aggressively promote
the services of Encompass Staffing."
Firamada is a national staffing and professional employer
organization specializing in high-end temporary staffing, information
technology placement, employee leasing and permanent placement
personnel. Firamada and its subsidiaries currently operate offices in
California, New York, Texas, Arizona, Georgia and Delaware.
For additional information on Firamada products and services,
access the company's Web site at www.firamadainc.com.

--30--kwp/la* mra/la

CONTACT: Firamada, Inc.
Investor Relations, 562/624-6277
D. Robert Albi, 516/536-7240
E-mail: DALBI1@AOL.COM