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


To: Richard V Davis who wrote (711)1/6/1998 10:39:00 AM
From: John Fairbanks  Read Replies (2) | Respond to of 27968
 
Ok... here's the deal. Just got off the phone with World Vision and
I was told that the press release has been delayed until tomorrow
due to the logistics of the thing. Not the logistics of the press
release but rather what Ira is trying to do at the same time.

Apparently tommorrow in conjunction with the press release Ira will
be holding a conference call with 150+ brokers. The Morton Downney
show is also going to do something tomorrow as well.

On the aquisition, although Robert didn't know any details he confirmed
that the aquired company had been having tax problems and that was why we
had been able to pick it up. He said it's a great company, just
mismanaged. Apparently the "Bull and Bear Report" has valued the
company FAMH is aquiring at 70MM.

So that's the reason for the delay... Ira is planning to take the
market by storm tomorrow from all sides. Apparently Ira told Robert
that "when he saw the stock go to $1.50 in 3 days he'd know why he (Ira)
did it this way"