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


To: Mel Viticus who wrote (13717)4/24/1998 5:34:00 PM
From: Chris B.  Respond to of 27968
 
Here's more news...

Firamada President Thanks Atrix' Employees And Shareholders For Their Support
April 24, 1998 05:27 PM

NEW YORK--(BUSINESS WIRE)--April 24, 1998--Firamada, Inc. President Ira Monas, in a prepared statement released today relating to Firamada's withdrawal from negotiations with Atrix International, Inc., expressed appreciation for the employees and shareholders of Atrix International.

Mr. Monas said, "It is unfortunate that Firamada was not able to reach an agreement with Atrix. Our perception of Atrix' management and our research of Atrix" business practices would not allow us to continue in merger negotiations.

"I would sincerely like to thank the numerous employees and shareholders of Atrix who called, faxed and e-mailed me directly; they saw the broad vision we had for a post-merger Atrix International. I am most grateful for the support and confidence afforded me by these fine people. I would also like to wish them the very best as their company tries to regain a foothold in their industry."

Firamada, Inc. FAMH is a national staffing company specializing in providing high-end temporary staffing, Information Technology (IT) placements, employee leasing and permanent placement personnel. Firamada's staffing locations include New York, Texas, Arizona, Missouri and California. Additionally, Firamada underwrites outside payroll financing for other staffing companies and re-insures workman's compensation plans. Firamada, Inc. also is co-producing the upcoming nationally syndicated Morton Downey, Jr. Television Talk Show.

This press release contains forward-looking statements with respect to the results of operations and business of the Company that involves risk and uncertainties. The Company's actual future results could materially differ from those discussed. Risks and uncertainties of the Company will be detailed from time to time in the Company's periodic reports to be filed with the Securities and Exchange Commission.



To: Mel Viticus who wrote (13717)4/24/1998 5:34:00 PM
From: Freddie Forte  Respond to of 27968
 
The masses are still in a stupor trying to figure out what the f#$ is going on here ? There is no reason to withhold them, now. LOGIC says release them now and be done. This traveling show needs some new scenery.



To: Mel Viticus who wrote (13717)4/24/1998 5:34:00 PM
From: dexx  Read Replies (3) | Respond to of 27968
 
Firamada President Thanks Atrix' Employees And Shareholders For Their Support

NEW YORK--(BUSINESS WIRE)--April 24, 1998--Firamada, Inc. President Ira Monas, in a prepared statement released today relating to Firamada's withdrawal from negotiations with Atrix International, Inc., expressed appreciation for the employees and shareholders of Atrix International.

Mr. Monas said, "It is unfortunate that Firamada was not able to reach an agreement with Atrix. Our perception of Atrix' management and our research of Atrix' business practices would not allow us to continue in merger negotiations.

"I would sincerely like to thank the numerous employees and shareholders of Atrix who called, faxed and e-mailed me directly; they saw the broad vision we had for a post-merger Atrix International. I am most grateful for the support and confidence afforded me by these fine people. I would also like to wish them the very best as their company tries to regain a foothold in their industry."

Firamada, Inc. (OTC Bulletin Board: FAMH - news) is a national staffing company specializing in providing high-end temporary staffing, Information Technology (IT) placements, employee leasing and permanent placement personnel. Firamada's staffing locations include New York, Texas, Arizona, Missouri and California. Additionally, Firamada underwrites outside payroll financing for other staffing companies and re-insures workman's compensation plans. Firamada, Inc. also is co-producing the upcoming nationally syndicated Morton Downey, Jr. Television Talk Show.

This press release contains forward-looking statements with respect to the results of operations and business of the Company that involves risk and uncertainties. The Company's actual future results could materially differ from those discussed. Risks and uncertainties of the Company will be detailed from time to time in the Company's periodic reports to be filed with the Securities and Exchange Commission.

Contact:

Firamada Inc.
Ira Monas
E-mail: Irafm@aol.com

Preferred Financial Marketing
(310) 789-1132
Fax: (310) 789-1134



To: Mel Viticus who wrote (13717)4/24/1998 5:47:00 PM
From: Buster  Respond to of 27968
 
Mel,

I'll respond to your theory with my theory. I believe Ira's goal
of reverse merging with ATXI was 1) to be nasdaq listed 2) If ATXI
bought FAHM, Fahm would not have to file their 1997 financials.
Fahm/ATXI would start reporting as one unit from the time of the
merger.

The 1997 financials must be ugly or why else would there be a continued delay. Note: Fahm has gone from an avg. of 20mil shares
in 1997 to 51mil shares in the 1st quarter of 1998. Where are the shares coming from? Myriad was bought with cash. 31 mil shares for ?

I believe Fahm has potential but the price is going to continue to
be weighed down by what appears to be a continuous increase in shares.
Now that the merger is squashed I think Ira has to release the 1997 financials. Even if they are ugly he can still offset the negative
impact by turning around myriad and showing a profit.

my opinion only

Buster