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

To: Leroyt who wrote (18782)	5/22/1998 1:03:00 PM
From: dexx	Read Replies (3) \| Respond to of 27968

NEWS is out on Firamada !!! Firamada, Inc. Announces Accounting Firm NEW YORK--(BUSINESS WIRE)--May 22, 1998--Firamada, Inc. today released the name and contact information of the Company's accounting firm. Firamada also announced that Steve Corso, a partner from the accounting firm will be present for Firamada's scheduled conference call next Thursday, May 28th. The accounting firm representing Firamada is: Merdinger, Fruchter, Rosen and Corso, P.C. 688 Seventh Avenue New York NY 10106. (212) 757-8400 Contact: Steve Corso Mr. Corso is scheduled to answer shareholder questions on next Thursday's conference call hosted by Preferred Financial at 4:15pm ET. Firamada also announced today that their transition team is rapidly implementing necessary operational changes. Firamada's new President Randy Malinoff said, "We are putting into effect management, data-gathering, and accounting changes which will result in all information from our various divisions dove-tailing into our New York office. This direct flow of information will allow us to eliminate misinformation being disseminated to the public as we will have immediate access to all business and accounting information." Mr. Malinoff concluded by saying, "We are putting Firamada on a strict exercise program which will create faster and stronger growth for our Company. We strongly believe the shareholders will appreciate seeing a new level of accountability and follow-through." Firamada will release updates on the Company's business as events and progress warrant. Firamada, Inc. (OTC Bulletin Board: FAMH - news) is a national staffing company specializing in providing high-end temporary staffing, Information Technology (IT) placements, employee leasing and permanent placement personnel. Firamada's staffing locations include New York, Texas, Arizona, Missouri and California. Additionally, Firamada underwrites outside payroll financing for other staffing companies and re-insures workman's compensation plans. Firamada, Inc. also is co-producing the upcoming nationally syndicated Morton Downey, Jr. Television Talk Show. This press release contains forward-looking statements with respect to the results of operations and business of the Company that involves risk and uncertainties. The Company's actual future results could materially differ from those discussed. Risks and uncertainties of the Company will be detailed from time to time in the Company's periodic reports to be filed with the Securities and Exchange Commission.

To: Leroyt who wrote (18782)	5/22/1998 1:04:00 PM
From: carolm	Read Replies (1) \| Respond to of 27968

My understanding of the Myriad financing was that originally the Myriad principals were to get 1.2 million shares of stock in addition to a cash payment to the IRS. Later on the price was renegotiated so the payment was only cash to the IRS and nothing to the principals. Presumably this was because the IRS wanted more than originally offered and the Myriad principals had no leverage. Ira announced it as a cash only, no stock deal. But, to finance the IRA payment, shares were put into escrow, and paid to the financiers to make the cash payment. The original shares that were to go to the Myriad principals were not used for that purpose.

To: Leroyt who wrote (18782)	5/22/1998 1:35:00 PM
From: john denton	Read Replies (4) \| Respond to of 27968

Look people, if you want to accuse bashers, MMs, God, or your parents for your problems I understand, having worked in the counseling field, But it looks like to me that the usual sequence of events with penny stocks like FAMH is that bad things happen first, then everyone turns on the naysayers. Let's get a grip here: with all the shares outstanding in this company, do you think that a couple of SI Cassandras (people who tell the truth but are not believed)or outright jerks can pull it down? Personally, it looks to me like LE did me a service by alerting me to the nefarious possibilities, and lo!, they came true. Mackie, well, he just has some kind of personality disorder for which there is no cure. Here's the deal: Ira is a crook, probably, Robert is a crook, probably, Arif may be honest but he hasn't a clue of how to handle PR, employees, and lord knows what else. If you want to park your money in this floating hulk that's your business, but the constant soap opera here has distorted reality for too many, and the effort to salvage your investment can be dangerous to your mental health Get a life! Don't fall in love with your stocks. Take your losses and move on and make something with what you've got left. This company has its head up its ass. Yes, it might come up a few points in the near term, but don't expect a miracle. It's over. Long term: unplug SI and hold, since the company is presumably doing some business. But I sense that many of us wanted a play and got stuck onto a tar baby. I got burned in FAMH for more money than I should have risked in my situation. Mea Culpa. My fault. I took my remainders over to a neighboring company on SI and plunked it down. I won't say the name because I don't play hype games. Life is a test of character. Money issues bring out that character. I'd rather die broke and at peace than be some raving agenda-laden, angry soul with a house on the hill. So doing the right thing is the real game. One thing that draws me to SI is that I'm a people watcher. Here you see the transparency of the soul, because people say what they forbid themselves to say face to face, for lack of consequences. They lie, they flame, some are heroically calm and cool in dire straits, and, some are very, very funny. It's a big wacky world, folks. Now I'm going to go out and plant trees on the roadside and when I get tired I'm going to see my baby and drink wine from a box. jd