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


To: Little Engine who wrote (17813)5/16/1998 9:12:00 PM
From: Jamessmith  Read Replies (2) | Respond to of 27968
 
Little Chicken, you are taking advantage of the fact that FAMH is a non-reporting company. There is some risk to invest this kind of stocks, like all investment!

But you intend to mislead investors with your own agenda, no, your boss's agenda!!!

"We" means FAMH shareholders!

James



To: Little Engine who wrote (17813)5/17/1998 3:02:00 AM
From: JIN CHUN  Read Replies (1) | Respond to of 27968
 
Please include the debt to the IRS, since you at least admit that the Myriad deal included it... no

I have to answer this, only because it may mislead someone, and although I try not to be cynical, I almost think you did it on purpose.

First, I admit to the many mishaps regarding information, share count, missed dates, etc.

However, IMO(since I do own this stock) there was an audit of Myriad done, the IRS did confirm that FAMH was sound financially out of their core operations, and that the margin given by the company on Myriad is accurate: 4 percent, which as you should know (although you once claimed the industry average was 1 percent) that it is middle of the road for that type of business. So, with an annual pace of 88MM, broken into 3 full operating quarters and averaged, with the same margin that's 2.64MM for the rest of the year, or an annual rate of 3.5MM without any optimization, cost cutting, etc. All for 1MM upfront and a total of 4.5MM.

Jin.