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


To: Sojourner Smith who wrote (911)1/8/1998 8:32:00 PM
From: Brad  Read Replies (4) | Respond to of 27968
 
Sojouner Smith! Now I'm really on the spot! <g> Yes, I spoke to Ira earlier today. I also listened to the conference call.

Here are the main points of my conversation:

Ira will be doing several conference calls.

FAMH is also going to be in BARRON'S this week.
(I don't know if it's the issue out now or the one coming out.)

FAMH still plans on having the audited financials out by Feb 1.

The big acquisition MUST be done by Feb 1 for several reasons.

FAMH will be promoted on 85 cable TV stations.

The big acquisition will be done with cash and stock. FAMH already has the cash. The exact amount of stock is not known yet, but is not expected to be a large amount. Whatever stock is issued will probably be convertible non-voting stock and will be restricted for a significant length of time.

There is a lot of information going out right now to the investment community (Brokers, Fund Managers, Investors, etc) through various means.

FAMH (Firamada) just wants to grow, and grow, and grow!!!

Between the big acquisition, the existing offices, and the new offices planned for this year, Firamada expects to have revenues in 1998 of possibly $75 - 80 Million.

----------------------

That was basically it!

Best wishes,
Brad