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

To: Mark[ox5] who wrote (7147)	3/19/1998 6:01:00 PM
From: Leroyt	Respond to of 27968

Here, here!! I have only been a member of SI for just over a month but this number of shares issue has always troubled me. A stockholder should just be able to get the information from the management about stock issues -- especially when the dilution is about 60%. based on 26.2 shares accouted for (24 + 2.2) raised to 41 million. (41-26.2)/26.2 I assume shares were given to Morton Downey for the program. I assume some shares were to the ownership -- but why?? Were they options?? The stockholders deserve to know and whether there are any other options or means of dilution that may occur in the future. Since the shares "hit the books" after the beginning of the year the EPS for 1997 appears to be inflated compared to reality since I can identify no clear benefit that the shareholders have received for all those shares. The pertinent point is that without real information only wild speculation can follow. TRUST must be established. Finally, I still would prefer to see the audited financials BEFORE the merger occurs. Is there any reason why the release of the audited financials would DAMAGE the reverse merger?? To the management of FAMH: I am also an owner of the company but a skeptical one. If you can satisfy me then there will be a lot of other satisfied OWNERS. later, leroyt