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

To: FARRIS who wrote (60)	11/14/1997 2:32:00 PM
From: DavidO	Respond to of 27968

Here is the post you requested: Firamada, Inc. (OTC:BB:FAMH) is a temporary staffing firm that provides trained personnel to businesses nationwide for financial, clerical, and hospitality service industries using state-of-the-art information systems. With offices throughout Texas, as well as sites in St. Louis, Missouri, Phoenix, Arizona and New York, the Company offers cost efficient methods of centralized billing and on-site management. The Company has recently hired a new President, Ira A. Monas, to oversee day to day operations. Monas brings 20 years of finance banking and marketing experience with him. Since his appointment, sales have increased 22% while expenses have decreased by 21%. Firamada has not only been successfully building their operations and client list, but are in negotiations for several other contracts that have the potential to increase revenues tremendously. Some of their recent contracts have included Arizona State University and Arizona Cardinals Football Team, along with Colonia Insurance Company and Coca-Cola Merchandising out of Phoenix. A few of their pending negotiations include Carnival Cruise Lines, Chase Manhattan Bank, and Hilton Hotels all for national contracts. The Company further plans to open an office in Miami by November 1, 1997, and it is projected that this new office will increase sales from $10 - $12 million in 1998. The Company anticipates that by the first of the year, a new subsidiary will be created to finance payrolls for FAMH as well as the hundred of other staffing companies across the United States. Financially, FAMH is doing extremely well. For six months ending June 30, 1997, the Company reported revenues of over $4.1 million with a net income of over $1.2 million. This provided the Company with an EPS of $.06. The Company maintains a solid balance sheet with a current ratio of about 4 to 1 and shareholders' equity of over $1.4 million. FAMH last traded at: .2 Investor Relations Contact: Orville Baldridge of Worldvision financial 888-834-8944 Or Ira A. Monas of Firamada 212-269-4777