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


To: skreiger who wrote (2003)1/27/1998 1:19:00 PM
From: Wayne J.  Read Replies (2) | Respond to of 27968
 
Good Day! Skreiger,

In my own opinion, I wanted to share my thoughts on the European Financing scenario!

I realize every situation is different, and has it's own specific characteristics! Many postings ago, I shared a personal experience, when I lived in Europe, several years ago!

The owner of the company I worked for sold his entire interest in a major Chocolate and Coffee Company, and invested the major portion in the " Temporary Staffing Services" Sector! ( I'm talking at least a few Billion U.S. equivalent!)

It was that and a few other experiences that I was made aware of, that led me to believe ( in my opinion) that sometimes investors that are looking at investment opportunities from more of a distant viewpoint or perspective, sometimes can find the " Forest from the Trees" much faster and in a less complicated manner than those that are totally immersed in the day to day dialogue( " I'll call it the should we? shouldn't we? Syndrome!!!).

In my opionion, I know this is a very simplistic personal viewpoint, but it may very well be that while FAMH has been waiting for a sincere financial investment involvement from North America , the European sources, have a stronger belief and committment to the potential of the industry! ( In other words maybe they are putting their money where their mouth is?)

An example I can relate to personally, is there is a very profitable shopping mall near my home in a small community! Recently local business groups have been complaining that there is to much foreign ownership , in this rural part of Canada where I reside!---I find this quite eronic! Why? When the opportunities were available for Canadian investors to particpate, not a single investor stepped up to the plate! The expression " You snooze you lose!" comes into play in my personal scenario! ------And I wouldn't be a bit surprised if it has some relevance in the FAMH scenario!

Interesting! We have posting participants who step up and announce to the thread that they have sold their share holding positions in FAMH, yet the European Investors seem to have no problem seeing FAMH as an investment opportunity , and are prepared to step forward!

I'm glad they have some vision! I feel it will be a positive step for all FAMH Shareholders! ( Just my own opinion!)

And Yes! Jonathan! I know that I can create long postings! ( I have no idea how long it takes me to type them, I don't really watch the clock when I'm having "FUN!!".)

Best Regards,

Wayne J.



To: skreiger who wrote (2003)1/28/1998 12:07:00 PM
From: JIN CHUN  Respond to of 27968
 
Good point skreiger,
If the financing involved the fiasco's that have brought down other penny stocks, then I for one would be worried. But we should all consider the fact that FAMH is not financing current debt. To the contrary, they are getting a line of credit to increase the number of profitable acquisitions in the long term. This isn't, IMO, a second mortgage to pay off your overdue credit card bills. Rather, it's like a bank loan to buy another rental property in one of the hottest sections in town. Jin.