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


To: Bill Brown who wrote (12875)4/19/1998 4:09:00 PM
From: Paul Zalkind  Read Replies (1) | Respond to of 27968
 
Thanks for the warm welcome people.

I am now a lifetime member and look forward to adding any and all info that can help us keep our investments sound.

I want to reiterate a statement earlier about the cpa/lawyer thing.
I'm in no way trying to state that the CPA's job is any less important, the big difference is, to the cpa firm, as soon as you drop off the financials and proposed documents, his funds are guaranteed, whether the merger,acquisition, funding, etc, goes through. Delays (although more nessesarry than not) can cost the company a huge loss in revenues while the plan gets sent back and forth numerous times between legal and accounting. (try to find a way to write those losses off, you can't)

As a CEO or President, he/she has been put in place for one reason and one reason only, to get the job done. I totally understand the accounting and legal disecting,(and I do mean disecting) because I have yet to bring forward any changes that were not re-written a few times for many different reasons.

Enough of that, and on to the business at hand, as far as speculating what Ira will do with Atrix, you can bet from this point of view, he will be looking at it long and hard, to determine if Atrix can produce more than just a $4,000,000 hard asset and a shortcut to NASDAQ. Afterall from what I can see of Atrix, and to quote Ira via the CC, he said their financials were poor. But that doesnt mean it cant be turned around, and from what I've seen up to this point, if Atrix, is salvagable, it certainly would only add to the diversity of FAMH. So I wouldnt expect a quick news release on whats going to be done with Atrix, even if it is possible that all Ira wants Atrix for are the assets, and the ticker. Either way matters not to me, but you can bet his cpa's will most definately be disecting Atrix's financials and that will probably be the deciding factor.

More waiting if/when they merge with Atrix, that you can be sure of.

Thanks again all, and I hope Im not being to long winded.

Thanx Redhead and Prof.

PZ



To: Bill Brown who wrote (12875)4/19/1998 5:07:00 PM
From: Mark[ox5]  Read Replies (1) | Respond to of 27968
 
If Ira/FAMH owns 5% of Atrix stock, isn't there an SEC form (i.e. 13G) that needs to be filed?

Bill,

FAMH is only public for a year, and has not been filing in that time with the SEC. In the coming months you will see all this information as they become SEC filing. (probably sooner than a couple of months, but Im doing a worst case scenario in terms of timeline) Hope that helps.

Mark