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

To: PHILL who wrote (2170)	1/28/1998 11:41:00 PM
From: CO	Read Replies (1) \| Respond to of 27968

Phill, I don't remember for sure if anyone asked Ira about reg S shares. But I CAN'T imagine a company in as strong of a financial condition as FAMH is in, that is making money and is NOT heavily in debt, to even consider reg S shares. There would be no need for that type of financing. Reg S financing is typically used as a last resort when a company has no other options. FAMH was just able to obtain a 25 million dollar line of credit. That should say something about their financial condition. Cheryl