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

To: John Fairbanks who wrote (16942)	5/12/1998 12:34:00 AM
From: Dave Gore	Read Replies (2) \| Respond to of 27968

IN THAT CASE, I agree 100% with you John...that is the right move at this point. You have excellent motives. FAMH HAS screwed up a bit if they indeed issued that many shares to a couple insiders....I agree it is important for them to at least admit it. just so we don get lost in it. When a company goes public and you read a prospectus, the number of shares that the insiders have must be disclosed. So let's try to get it, but just not overblow it's importance. Also until there is absolute proof of the insider share count, what someone told anyone orally is not valid. It could be a fired employee or someone who is jealous. Or it could be real. BUT EVEN IF TRUE....THE MAIN THING IS EARNINGS AND PE The value of a stock is determined most importantly by it's PE among it's peers in the same industry, at least if the market caps are about the same. Again, the PE is what's important, which is simply a ratio of earnings to number of shares outstanding: A company which earns $100,000 profit with 1,000,000 shares outstanding has the SAME PE (and therefore should have the same aprrox. SHARE PRICE) as a company which earns... $10,000,000 profit with 100,000,000 shares outstanding. There are many companies with a higher share count than FAMH trading at greater than $1.00 or even $5.00

To: John Fairbanks who wrote (16942)	5/12/1998 2:12:00 AM
From: Mark[ox5]	Read Replies (1) \| Respond to of 27968

John---- we have many many people on this thread. Some have called. Some have emailed. Some have tried to IM Ira on AOL. He never answers the questions posed on this thread many times tonight. Why does he say no comment? These are BASIC questions of a company. Hi, my name is xxx company.. I have xxx shares. I plan to issue xxx more shares in the near future. I have issued xxx shares in the past for events A, B, and C. All these people on the thread who do good DD.. and Ira wont answer these simple questions. Thats why you have the fallout of the past week. Like someone said earlier.. answer the damn questions Ira.. if it is BAD news so be it, the short term will be a sunken price but from there, you can start with a clean plate. Now he will be gone for his road show and everyone who is a shareholder is left in limbo for the next few days... and more importantly anyone new who wants to become a shareholder (who the stock depends on to actually go back up) will not buy because they wont have answers. The list of questions tonight was excellent.. someone emailed them to Ira. I dont have the post in front of me, but it was the list asking for how many shares are out there, how many shares does the business plan envision being issued in the near future, and an explanation of all shares issued since 1/1/1998. If Ira would just answer those questions in black and white, you would have 150% less tension and unease. I think that is all 80% of the people on the thread want answered, and then with that answered they are willing to give Ira benefit of the doubt to grow the company. But he refuses so now people are left to pull out their hair. And its funny that will all the excellent people on this thread, that no one can find these basic answers. Wonder why? Someone aint given out the answers... so everyone here is left to frustration and bickering. Good policy Ira. Mark