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


To: John Fairbanks who wrote (19914)5/29/1998 11:14:00 AM
From: Freddie Forte  Respond to of 27968
 
The question is,"Will Arif do that?" He'd lose 50% majority shareholder and voting power.



To: John Fairbanks who wrote (19914)5/29/1998 11:44:00 AM
From: carolm  Read Replies (5) | Respond to of 27968
 
I spoke with Steve Corso this morning. His firm represents Bristol Capital, and many other public companies on Nasddaq, AMX, and a few on BB.

He is the SEC partner of his firm and will be handling the SEC filing for Firamada. He was hired over 1 week ago to audit Myriad's assets for the filing, since Myriad was an asset purchase, not an equity purchase. He will be determining whether the SEC will require an earnings audit and will provide one if needed.

Since he will be responsible for the SEC filing, he requested that his firm reaudit the 97 report. On Monday people from his firm will be at the Firamada offices in NY to accomplish this. He thinks it will take a minimum of 2 weeks.

I told him that the shareholders were very angry at the misrepresentation of the release of the financials on many occasions and some have complained to the SEC. I asked if he for saw any holdups or complications related to that, and he replied that he really couldn't tell when the SEC would act on complaints. It might hold them up, and it might not.