SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services -- Ignore unavailable to you. Want to Upgrade?


To: JIN CHUN who wrote (5431)3/7/1998 11:45:00 PM
From: kentoo  Read Replies (2) | Respond to of 27968
 
If its more than just an advertisement we are in for a good week !!



To: JIN CHUN who wrote (5431)3/8/1998 1:42:00 AM
From: kentoo  Read Replies (1) | Respond to of 27968
 
IBD Advertisement
Page A-24, Mon Mar 9

FIRAMADA INC ANNOUNCES STOCK REPURCHASE PROGRAM, NEW LINE OF CREDIT, AND 28% INCREASE IN SALES

Synopsis :

Board has authorized corp mngt to initiate buy back of UP to 4 million shares of common stock through a Repurchase Program.
Will reduce public float and would equal nearly 10% of the total outstanding shares.
Firamada, Inc has obtained a line of credit through an equity investment in the amount of $12 million US through Bristol Asset Management of Los Angeles.
With the acquisitions of Myriad Long Beach, CA Employment Services(with sales of $45 million) and Warren Tech of NY(small industrial niche player) Firamada's revenues are projected to be approx $75-80 million for 1998.

Total sales for Feb. 1998 were up 28% over the strong month of Jan.
Above increase does not include Myriad acquisition.
Offices in NY, Dallas, Houston, Rolla(MO), Phoenix, Long Beach CA after Myriad acquisition.

Contact Ira Monas
President
888.831.2442
Irafm@aol.com

Or Preferred Financial Marketing
310.789.1123 or 310.789.1134

P.S. Ira, good job. Let's see the financials.