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


To: arif adam who wrote (17113)5/12/1998 3:25:00 PM
From: Jonathan Lebed  Respond to of 27968
 
FAMH CHAT TONIGHT AT 8PMET!
To join us on mIRC, log onto DALNET and enter #pennystocks.

Goto pennystocks.net for more information.

Jon



To: arif adam who wrote (17113)5/12/1998 3:27:00 PM
From: Dana  Read Replies (2) | Respond to of 27968
 
Mr. Adam:
Thanks for your comments. A lot of us on this thread are "long & strong" on FAMH.

Unfortunately a lot of the rumor mongering that has really rattled us is the stating of release dates by Ira, and then having those dates come and go with no comments other that it took longer than he thought. I hope that your commitments of dates will bring solidarity to the thread, not more disruption.

Go FAMH!!!!



To: arif adam who wrote (17113)5/12/1998 3:30:00 PM
From: JustMy2Cents  Respond to of 27968
 
The 25th. Who works or conducts business on Memorial Day? Well, besides grocery stores, 7-11 etc. I guess no party for you. If this really you.



To: arif adam who wrote (17113)5/12/1998 3:33:00 PM
From: Buckeye  Read Replies (2) | Respond to of 27968
 
.....Mr. Arif Adam.....We have very few questions which we wish to pose:

........1. What are the authorized number of shares, at this time?

........2. What are the number of shares issued, at this time?

........3. What are the number of free trading shares, at this time?

........4. What are your intentions with respect to the issuance of ............new shares, for the remainder of 1998?



To: arif adam who wrote (17113)5/12/1998 3:43:00 PM
From: carolm  Respond to of 27968
 
Mr. Adam,

Thank you so much for coming on the thread to clarify innuendos with facts.

The SEC filing has also come under question here. Can you please clarify when the paperwork was sent to the SEC and what the filing number is?

Thank you for an answer,

Carol McIntosh



To: arif adam who wrote (17113)5/12/1998 3:47:00 PM
From: Anthony Darmanin  Respond to of 27968
 
Hi Arif,
Welcome to S.I. and in particular to this thread, although it is a bit dishevelled at present, I'm sure that your input will be greatly appreciated by those of us who are long on this Company's stock. We would be pleased to have you post from time to time to keep us informed as to what's happening at Firamada. I believe that in my opinion Firamada holds great potential and it's in a very hot industry sector.
Regards, Tony.



To: arif adam who wrote (17113)5/12/1998 4:17:00 PM
From: Lurker  Read Replies (4) | Respond to of 27968
 
Gee, I guess I get to be the first naysaying reply.

Uh, your name is Adam Arif. You might want to write that down in case you want to like write a check or use a credit card or sell some stock or something.

Of course, just because you don't know your own name doesn't mean any of the other information you gave is wrong.




To: arif adam who wrote (17113)5/12/1998 5:35:00 PM
From: Little Engine  Read Replies (4) | Respond to of 27968
 
Revisionist history continues at Firamada...

<<<We are also completing an Audit of Myriad and Financial recruiting and Consulting.>>>

Apparently, they did not do an audit of Myriad before they bought it. So how do they know how much money it is making/losing? Whatever happened to "we won't buy Myriad without an audit"?

<<<the financials will be out on Monday, the 25th of May>>>

Last time they were supposed to be released on a Sunday... now a holiday... next stop Labor Day...

<<<...to secure a line of credit. This line of credit has enabled
FiraMada to acquire Myriad and Financial recruiting and increase our
revenue base for 10 Million to 60 Million>>>>

Hmmmm.... whatever happened to the oft-repeated statement "FAMH hasn't touched its line of credit yet"? Both by Ira and people here who have spoken with him? And the company revenues just slipped to 60 million... I guess that is correct... Arif should know.

So if the cash on the "balance sheet" they issued is not mostly from earnings (at the most, $1 million), and not from share sales, where did it come from?

And if they actually had $2.8 million on hand at the end of 1997, why use the line of credit to pay the initial $1 million IRS payment?

Stranger and stranger....



To: arif adam who wrote (17113)5/12/1998 10:40:00 PM
From: John Fairbanks  Read Replies (1) | Respond to of 27968
 
Mr. Adam, I appreciate you taking some time to drop by the thread.
I can only speak for myself here, but I would love to buy back in to
Firamada. Before I can do that there are a couple of things I must have
from you or Ira:

First I need to have a timeline stretching from October
to present showing all shares issued, shares bought back, and the
purpose for the issue of those shares. If shares are restricted I
want to know when each of those issuances become unrestricted.
If shares are used for acquisitions I want to know the earnings of
the company you are buying so I can determine for myself if I am
comfortable with the actions the company is taking.

Second, I need a commitment from you that ANY future issuances will
be announced by press release including all of the terms and purpose
exactly the way a reporting company should. I believe that such
information is absolutely critical to investors and if you want FAMH
to be taken seriously you must start conducting yourselves as a
reporting company.

Finally, I would ask that any dates which are issued in press releases
be followed, and number issued be accurate. Not only has FAMH missed
every single date in every release but the numbers stated for EPS
have been wrong as well. We received a press release announcing the
final audited number for 1997, and now we are told that the actual
number may be slightly higher?? Come on... how could the number we
were issued earlier be the "final audited number" if it can change?
Dates should especially not be issued when they are not in your
control... like stating the date the auditors will finish which is not
something FAMH can do anything about.

I want to believe in this company. My investment group held this
company for 7 months and once held as much as 255,000 shares. I
cannot continue to support this company without a response to these
items. If for any reason you think I am being unreasonable please
let me know. Even if you don't intend to provide what I ask I would
appreciate a response to this post. I am more than willing to let you
start over fresh but I expect a clear accounting of where we are and
how we got here. I think if you do this, the company can move forward
very nicely.



To: arif adam who wrote (17113)7/11/1998 3:22:00 PM
From: Nutty Buddy  Read Replies (1) | Respond to of 27968
 
Arif, you grew Firamada well, however, Firamada has now outgrown you. This is no longer your family company. This is a public company with a tremendous growth potential that is now beyond your demonstrated capabilities. Firamada cannot mature with the status quo.

You should retire your ill attained shares immediately and come clean with a confession of guilt and an apology. Your recent actions and PRs have been a sham and a scam. Legal action is around the corner. Shareholders have had enough. You cannot escape justice. Give it up. Resign with dignity.

Don't drive Firamada into the ground after all you have built. You have done the right things in the past. Do the right thing now. Think of your legacy. The final chapter is yet to be written. What will it be?

Buddy



To: arif adam who wrote (17113)7/13/1998 10:22:00 PM
From: Nutty Buddy  Respond to of 27968
 
I'm holding my shares until the last office chair rolls out of Firamada's headquarters. Though I guess at that point there won't be much use in selling. <ggg>

I get first bid on Arif's desk and chair. That crack on the outer corner of the desk is from Ira's fist. The finger nail marks on top are from Arif's contemplation sessions. My, they are deep!

Do the right thing, Arif!