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


To: KZAP who wrote (5793)3/11/1998 9:37:00 PM
From: Double Dipper  Read Replies (1) | Respond to of 27968
 
RE: The tax lien. That information is posted on our header screen
by Brad. I questioned it a few days ago. According to what Brad
mentioned (he spoke to IRA about it I believe), there is a dispute
about the amount owed. FAMH agrees they owe about 12K in taxes.
Not the amount listed. Therefore, they have to litigate this out
with the state. Not a big amount, but it is still out there looming.

Should not have a significant impact even if they had to pay the
whole thing. They can probably work out terms and amortize it out
over time if needed, JMHO. Sounds like a good question for the
conference call tomorrow to get an update from IRA.

Kevin