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


To: Lonnie A. who wrote (14620)5/1/1998 4:37:00 PM
From: Jonathan Lebed  Read Replies (2) | Respond to of 27968
 
I am currently in the Bahamas, and have a flight to catch for Newark, NJ. Maybe I will see Ira at the airport. I will be holding a sign..."Ira Monas", with a strech limo waiting.

Jon



To: Lonnie A. who wrote (14620)5/1/1998 4:43:00 PM
From: Buster  Read Replies (2) | Respond to of 27968
 
Lonnie,

Here is the press release from Firamada regarding their 1997 earnings.

Typically, most people believe what the management tells their shareholders so I would assume that the .1085 is factored into the
share price. If they show something different from the press release
than I would tend to think there will be a fluctuation in the share
price depending on what the actual reported numbers are.

Buster

Note: the press release states "final audited 1997 numbers"

NEW YORK, March 3 /PRNewswire/ -- Firamada Inc. (BB: FAMH)
announced today the audited financials for 1997 are complete. Within a few
days this documentation will be released to the public concurrently with the
filing of form SB-2 with the SEC in order to take the initial steps to be
classified as a reporting company.
Firamada is pleased to report to its shareholders the final audited EPS
for 1997 is $.1085 per share.
Firamada Inc. is looking forward to continued aggressive growth in 1998.
Firamada President Ira Monas, in discussing the near-term prospects said,
"1997 was a great year for Firamada, but 1998 promises to be even more
productive and profitable. We are now positioned to make significant gains in
the industry, particularly in the rapidly expanding IT market.
"Firamada has just signed substantial contracts with Allied Signal and
Deloitte & Touche. These companies illustrate the type of quality agreements
we are pursuing. We are confident in our ability to become a respected
nationwide presence in the staffing industry."
This press release contains forward-looking statements with respect to the
results of operations and business of the Company that involves risks and
uncertainties. 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.

SOURCE Firamada Inc.
-0- 03/03/98
/CONTACT: Firamada Inc., 888-831-2442/



To: Lonnie A. who wrote (14620)5/1/1998 6:21:00 PM
From: Mark[ox5]  Respond to of 27968
 
.1085 EPS already be factored in when
no one could possibly know if they were the true numbers until audited financial's were released?


Lonnie,

FAMH sent out a press release stating .1085 for 1997. So if it were "not true" then what can you believe?

Also after released to Edgar it can be analyzed in more detail.

Hope that helps answer your Q.
Mark