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

To: David Parkinson who wrote (16890)	5/11/1998 7:11:00 PM
From: Gary Smith	Read Replies (1) \| Respond to of 27968

I sent the President an e-mail this evening with our most important questions and asked for clarifications and encouraging news to support the stock price. Hope he gives specific answers to everyone through pr's or this thread. At this time a terse "no problem" answer will not do. Here's the text: Dear Mr. Monas: In light of the recent stock price decline and the steep drop on Monday, May 11, what clarifications and encouragement are you going to issue to shareholders, and when? Your raising of the share exhange (read reverse split) was ill-timed since the price was under pressure and there were investor relations problems caused by delays and the faulty process of getting the audited financial report on Edgar. These were self-inflicted gut shots and there must be immediate damage control and good news to shore up the stock. I have a significant position and am still holding all shares, but I have become disheartened, even though I have been a strong supporter of FAMH and you and though I have lost a lot of money on paper the last few weeks in spite of averaging down. Please answer at least these crucial questions: 1. Why the mixup of announcing the financial posting on Edgar for the 4th when it appears that they weren't even rec'd by the SEC at the end of last week? 2. What are the OS and float numbers? 3. Has the company been issuing new shares and to whom for what? 4. Has the co. been buying back shares or is it going to? It really needs to use the line of credit and buy back several million shares, now and announce it to stop the bloodletting 5. What is the status of the report, where is it, and when will it actually be posted on Edgar and available to the investing public? This is a constructive letter, and I hope you receive it in that spirit. Sincerely yours, Dr. Gary Smith May 11, 1998. Gary