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

To: Dave Gore who wrote (16954)	5/12/1998 2:30:00 AM
From: Mark[ox5]	Read Replies (2) \| Respond to of 27968

If it is true that there are 30 or more Mil. shares that insiders hold (although this is somewhat common among BB stocks), what do we do then? Have you guys thought about what is next if that IS true? Dave? Ever take 20 seconds to think in between your lecturing of all of us about PE ratios and that is "all that matters" to ask about the future... more specifically the future of all these restricted shares hitting the market? Since you so easily can call the co., and have done a ton of research on them, and do this for a living please call the co tommorow and ask for a detailed breakdown of when and/or at what price all currently restricted shares become unrestricted. IF, AS FAMH VEHEMENTLY STATES... NO SHARES HAVE ENTERED THE FLOAT IN THE PAST 6 MONTHS, and the price is still FUMBLING with no new shares ON THE MARKET... then doesnt it INTEREST YOU what might POSSIBLY Happen to the PRICE WHEN the UNRESTRICTED shares start getting TOSSED INTO THE FLOAT? I respect your picks and your work, but all you preach about is PE ratios and comparisons to other BB stocks. Well buddy, as you well know, PERCEPTION Is the one thing that MAKES OR BREAKS PENNY STOCKS. WHAT IS SI's PERCEPTION OF DGIV. VERY VERY VERY GOOD. ANd guess what, it goes up.. it stays up... WHAT IS SI's PERCEPTION OF FAMH?? I wont bother to answer. Now we have a NEW NEGATIVE perception that insiders are issuing shares to themselves to keep control of the stock. Oh boy oh boy... thats going to help FAMH a lot, considering the reputation of OTC-BB stocks as a whole. Don't downplay "oh well just another 30M shares..every OTC BB stock has 80M shares". The point isnt the # of shares, the point is WHO are they going to, and why are the individual shareholders here having THEIR stock diluted to Mr. Arif can have more shares as a % of the total. That is NOT fair, anyway you cut it. I am with John Fairbanks, and I have been in this stock as long as him before recently leaving. Its a good long term play as long as Ira stops the printing press. But you ask about the future. Well the short term dont look so hot. 1Q financials for 1998 include 20M more shares and what is added onto last years EPS? No Myriad yet, No Morton Downey yet.. etc etc. And we dont have a firm date for 1st Q 1998 financials yet.. and even if Ira says "June 15th" NO ONE will believe it until it really happens. Ira told us March 1st this year and every year therafter for year end financials. Its 2+ months later. PERCEPTION.. it counts for a lot more than people here are giving credit for. Mark