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

To: Roo who wrote (10941)	4/7/1998 3:01:00 PM
From: Mel Viticus	Read Replies (3) \| Respond to of 27968

"Be comfortable with your own DD and make your own decisions" you all say, and I agree, but part of my DD involves this public forum and the airing of my concerns to other investors who may help me get a better grasp of the situation..." Dear Roo-meister, you couldn't have said this any better. That's exactly why this thread needs you and "that bad LE". Your comments help us all to better understand the concerns in relation to the facts known communally. Melviticus Enjoying some grape leaf salad

To: Roo who wrote (10941)	4/7/1998 3:09:00 PM
From: David A. Irvine	Read Replies (1) \| Respond to of 27968

Roo, After reading your post, my advice to you is to sell your shares of FAMH. I am not trying to be flippant. You obviously are not happy with this stock. Sell it. Here are my responses to your concerns, and why I am not selling: <<<Delays yes, but delays on top of delays on top of delays... no.>>> I don't think we have had "delays on top of delays." I do think FAMH set some deadlines they didn't meet. They should not have done this - it was a very poor decision on their part to set a deadline and then not meet them. There are only two areas which I can think of that would cause you to write "delays on top of delays." These areas are Myriad and the financials. The first published news of the Myriad acquisition was on January 7, 1998. We are three months later right now. I don't see how that constitutes "delays on top of delays." You will be hard pressed to find an acquisition of this size that was completed in less time. Here is the original news release for the Myriad acquisition: fast.quote.com <<<Yes, I understand that the financials must include material changes of significance that occurred after the close of the reporting period, but way back when the cry was for audited financials, Myriad was not yet material, and ATXI was just a gleam in Ira's eye... why were the financials not released then?? >>> The only other real delay I can think of is the release of the audited financials. I have already stated why I think they might not have been released yet. Here is a link to my original post: Message 3951521 To recap that post, I think the financials are being withheld until we get on NASDAQ so we will have a greater increase in share price when they are released. Actually, you hinted at it in your post without even knowing it when you said: "....and ATXI was just a gleam in Ira's eye." Maybe FAMH had every intentions of releasing the financials, but then decided not to until they got a NASDAQ listed. I don't know. <<<"Be comfortable with your own DD and make your own decisions" you all say, and I agree, but part of my DD involves this public forum and the airing of my concerns to other investors who may help me get a better grasp of the situation. >>> I would suggest that you NEVER let anyone in a public forum who you do not know very well influence your investment decisions. If you need a "better grasp of the situation," you should call the company, their IR people, or talk to a stock professional. I only use SI and other public forums to see what other people are thinking, and I never believe anything until I check it out for myself. <<< I'm concerned that Ira's entire contribution to the value of this stock so far (aside from his obviously bullish position and charismatic nature) is a string of promises with as yet, no verifiable evidence of success. >>> Don't forget that the stock price has increased from 9 cents to 60 cents. I think that counts as an Ira contribution. If it weren't for him, would the stock be at 60 cents right now? No, of course not! This was not meant to be a flame, but just a response to your message. But, if you really feel the way you said you did in your post, you should sell your FAMH stock, IMO. You will have plenty of buyers. Cheers, Dave

To: Roo who wrote (10941)	4/7/1998 8:09:00 PM
From: Mark[ox5]	Read Replies (2) \| Respond to of 27968

Roo, Hi...sorry I havent had time to respond earlier. I disagree with 1 point of your post about "delays upon delays" concerning Myriad. That is not totally in FAMH's control, and in fact they have to deal with the IRS... and lawyers.. and Myriad. So I wouldnt blame FAMH for that. Maybe the best plan would of been not to Mention Myriad until March.. and then it could of been closed within a month or 2. But I dont think 3-4 months is forever to wait for to increase your company's revenue stream by a factor of at least 5x. On the other hand, I share your concern about the audited financials. Personally, if they were ready I think Ira should of stuck to his word and posted them March 2, 1998 as promised. That is my major beef with the company at this time. Now the "word" is he is keeping them back to create momentum... and announcing them in tandem with ATXI or whatever. Personally, I disagree but I dont run the company. I do understand your frustration, but like a fool (or fox?) I added to my position today. My hopes are that this anxiousness is all forgetten in 2 months when we look back and say wow, remember when you could buy FAMH for .60? I'm not trying to hype... but I do think we will be saying that. I do wish they had posted financials as soon as they had them ready, but I do think people who do business like them, because obviously the IRS and Westcott and ATXI have looked them over. Good luck. Mark