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


To: Dick Jaffe who wrote (19084)5/24/1998 11:55:00 AM
From: Victor Lazlo  Respond to of 27968
 
Dick I am sure that the SEC probably gets dozens of such letters every day. But I certainly share Freddie's frustrations.

Victor, long on FAMH



To: Dick Jaffe who wrote (19084)5/24/1998 1:12:00 PM
From: Forest Gump  Read Replies (3) | Respond to of 27968
 
A MUST READ:

businessweek.com

Is Ira really sick or did he possibly catch some sort of illness from the equine head he found under the sheets.

===================================
Also from an investor site

Possible warning signs in microcap stocks.

The company recently did a Reg S or Reg D offering that is convertible into stock at a percentage of the stock price at the time of conversion.
The company doesn't provide financial information to investors.
The company recommends that you buy its stock.
The company or someone else tells you that the stock is going to be hyped in the near future.
The company or someone else tells you that a great press release "about to come out."
The company or someone else tells you that the company has an incredible new product coming out "soon", which can't be verified.
The company claims that it trades on the "Nasdaq Bulletin Board." (There's no such thing. The OTC Bulletin Board is not run by Nasdaq.)
The company issues massive amounts of stock and options to insiders and their relatives.
The company spends a significant amount of time and money promoting the stock.
The company has almost no revenues but pays its top executives several hundred thousand dollars per year



To: Dick Jaffe who wrote (19084)5/24/1998 2:05:00 PM
From: Double Dipper  Read Replies (2) | Respond to of 27968
 
Dick,

How would you know how many shares I own? That is a very large egotistical assumption on your part. Well I have news for you I did own that many shares also but sold them when I got disgruntled. When I thought the company had made a positve turn around just before the hap hazard financial report was released I got back in. I call that the first positive sign of a management turnaround. We are now on this second not so merry-goround of management trying to be more open.

But, a shareholder's stake big or small is just as important to him as the next guys. I read your profile, FAMH was not listed and I took it to mean you were not a shareholder. Be that as it may, we all do have common goals here. To see our stock appreciate in value. We have different ideas on how best to achieve this goal. Putting my head in the sand and letting management have their way with me is not very satisfying. You may like it but I don't. I want honesty and integrity. I don't mind normal ups and downs created in the business cycle. But, I do demand honesty. I see your a retired COGARD CDR. You know the meaning of integrity and accountability. Your career depended on it. I am suggesting that if this company pursued this type of business practice we would not be having this discussion.
It simply needs to happen. I hope it does and will be watching very closely.

Kevin