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

To: David Colvin who wrote (20097)	5/31/1998 9:28:00 AM
From: Warthog	Read Replies (1) \| Respond to of 27968

There are posts on this thread to indicate that Ira Monas was hired to increase the share value. The price of FAMH was $1.10 in Jan of 1997 and had slumped to .09 cents in August,September 97 time frame. Ira Monas with his "style of promotion" ran the stock back up to about .70 before running into the current decline. Ira's "style of promotion" could have involved "pump and dump" and paid posters on this thread. I think the future looks bright once the new CFO comes on board and is honest with shareholders. MOO collin

To: David Colvin who wrote (20097)	5/31/1998 9:46:00 AM
From: Warthog	Respond to of 27968

Additional data, it appears from looking at a long range chart, that FAMH was an IPO in June 96 at 3/16 a share. Average volume was less than 5,000 shares a day and sparsely traded with a trade of 1/8 on 9/26/96. No trading occurred until 4/23/97 when it gapped to 1 1/8 on a volume of 83000 shares. On June 3,1997 something happened and the volume increased, (price varied .37 to 1.00) and the stocked started the decline to .09. Apparently not much capital was needed during the early stages of FAMH but something happened in April 97 and June 97 that additional shares were issued then. MOO collin

To: David Colvin who wrote (20097)	5/31/1998 9:52:00 AM
From: Warthog	Respond to of 27968

Old News Firamada Announces New President, Ira A. Monas PR Newswire, Thursday, August 28, 1997 at 16:33 NEW YORK, Aug. 28 /PRNewswire/ -- Firamada, Inc. (OTC-Bulletin Board: FAMH) hired a new President, Ira A. Monas, to take the reins of the day to day operations of the company. Arif Adam remains CEO and will concentrate on Franchising and Corporate Sales. Mr. Monas has 20 years of Finance, Banking and Marketing behind him. Since Mr. Monas joined the company he has increased sales by 22% while reducing expenses by 21%. Firamada, Inc. is currently negotiating with Carnival Cruise Lines, Chase Manhattan Bank and Hilton Hotels for national contracts. The company plans to open an office in Miami by November 1, 1997. It is projected that this new office will increase sales to $10 million to $12 million in 1998. Firamada, Inc. is a temporary staffing company dedicated to delivering trained personnel that surpass the high standards of its clients. Firamada has been able to successfully conduct business nationwide for financial, clerical and hospitality service industries using state-of-the-art information systems. Centralized billing and abilities to provide on-site management enable Firamada to offer convenient quality service. Firamada has offices throughout Texas, as well as sites in St. Louis, Missouri; Phoenix, Arizona; and New York. Firamada, Inc. is proud to announce that Colonia Insurance Company, part of AXA Group, the second largest insurance company in the world, has joined their growing client family. Because of the highly competent manner in which Firamada conducted itself, the Vice President of Colonia issued a mandate to build a new division using Firamada, Inc. staffing. Furthermore, the Phoenix office of Firamada, Inc. has come to an agreement with Coca-Cola Merchandising, to provide staffing solutions. This relationship with Coca-Cola is yet another example of the growing impact Firamada, Inc. is having on the staffing community nationwide! SOURCE Firamada, Inc. -0- 8/28/97 /CONTACT: Susan Beisler of Firamada, 212-269-4777/

To: David Colvin who wrote (20097)	5/31/1998 9:54:00 AM
From: Warthog	Respond to of 27968

More Old News: FiraMada Update PR Newswire, Wednesday, September 10, 1997 at 13:56 NEW YORK, Sept. 10 /PRNewswire/ -- Success Staffing, a FiraMada, Inc. (BB: FAMH) subsidiary has recently signed on as the Secondary Agency for Finehost, Inc. Finehost has the contract to provide hospitality services for the Arizona State University and Arizona Cardinals Football Teams at Sun Devil Stadium in Tempe, Arizona. In addition, the Phoenix Branch with the concerned efforts of Fred Capalby Regional Vice President, Michael Batt, Major Account Rep and the rest of the staff have developed a strong relationship with AMT Inc., AMT is one of the companies that are available in the United States of which refurbishes Medical and Surgical equipment. Ira A. Monas, President, states that by the first of the year, a new subsidiary is being created to finance payrolls for the company as well as the hundred of other staffing company across the United States. Mr. Monas has 20 years in the finance and banking business, which makes this a natural. Management, as well as the investment community feel that FiraMada, Inc. is a tremendously undervalued stock and expect tremendous results from the implementation of new and exciting methods of operation. SOURCE FiraMada, Inc. -0- 09/10/97 /CONTACT: Ira A. Monas, President of FiraMada, 212-269-4777/

To: David Colvin who wrote (20097)	5/31/1998 9:55:00 AM
From: Warthog	Respond to of 27968

More Old News: Investor Alert: FiraMada Stock Promotion PR Newswire, Tuesday, September 23, 1997 at 19:11 NEW YORK, Sept. 23 /PRNewswire/ -- FiraMada Inc. (BB: FAMH) has instituted the following avenues in order to promote the inner workings of the company as well as increase share holder value! Weekly radio shows on the Ed Taxin Financial Hour in markets such as New York, Chicago, Seattle, Phoenix, Miami and Orlando. Ira A. Monas, President is scheduled for interviews as follows: -- Friday, September 26, KFNN-Phoenix, AZ -- 1510AM at 6:25 p.m. EDT. -- Wednesday, October 1, WERE-Cleveland, OH -- 1300AM at 9:30 a.m. EDT. -- Wednesday, October 1, KEZX-Seattle, WA -- 1150AM at 9:00 p.m. EDT. -- Thursday, October 2, WBIG-Chicago, IL -- 1280AM at 7:20 p.m. EDT. Television Interview and Infomercial on WINQ-TV which will be seen in 200,000 Palm Beach, Florida homes. Presentation of above interview to be recorded on CD-ROM for marketing purposes. Direct Mailings to 500 small capital brokers around the United States. *Press Releases to all major newswires through PR Newswire. SOURCE FiraMada, Inc. -0- 09/23/97 /CONTACT: Ira A. Monas, President of FiraMada, 212-269-4777/

To: David Colvin who wrote (20097)	5/31/1998 9:56:00 AM
From: Warthog	Respond to of 27968

More Old News FiraMada Acquisition Negotiations PR Newswire, Monday, September 29, 1997 at 17:14 NEW YORK, Sept. 29 /PRNewswire/ -- FiraMada Inc. (BB: FAMH) today reached an agreement in principal with Investment Banking Firm Alexander, Wescott & Company, Inc. Wescott will handle all financing underwriting concerns for FiraMada for a minimum period of 2 years. FiraMada at this time is in negotiations with 2 specialized staffing companies. One is in the computer communications sector and the other is in the niche specialty hospitality industry. With these two acquisitions, sales should increase 40% next year. SOURCE FiraMada Inc. -0- 09/29/97 /CONTACT: Ira A. Monas, president of FiraMada, 212-269-4777 and 888-269-4740/

To: David Colvin who wrote (20097)	5/31/1998 9:58:00 AM
From: Warthog	Respond to of 27968

More Old News: This one says 9 cents for 4th quarter. Firamada Reports Additional Revenues PR Newswire, Friday, October 24, 1997 at 09:18 NEW YORK, Oct. 24 /PRNewswire/ -- Firamada (BB: FAMH) announces today that its N.Y. branch office under the Encompass Staffing banner has secured the following clients potentially adding $2,000,000.00 in sales to Firmada's coffers: Grey Advertising, Bates USA (Advertising), DH Blair (Investment banking), McCann Erickson (Advertising), Kemper (Insurance), Tokio marine (Insurance) and others. In addition, FIRAMADA has executed a long term lease to expand its corporate headquarters to "The Trump Building" at 40 Wall Street. The Houston branch has begun logistical setup and a branch manager has been hired. Billings should begin November 15th. This makes the fifth branch for Firamada. Arif Adams, CEO, and Ira A. Monas, President, project a 4th quarter earnings to be in the vicinity of $.09 per share. SOURCE Firamada, Inc. -0- 10/24/97 /CONTACT: Investor Relations, World Vision Financial, 888-345-6060; or Alexander Wescott of Investment Banking, 561-776-1935/

To: David Colvin who wrote (20097)	5/31/1998 9:59:00 AM
From: Warthog	Respond to of 27968

More old news: Firamada Up 14%, Despite Market Pullback PR Newswire, Friday, October 24, 1997 at 09:55 NEW YORK, Oct. 24 /PRNewswire/ -- Strong trading activity kept Firamada(BB: FAMH) on the uptrack, up 14% at the close. Projected increased earnings 4th quarter this year fueled interest. Contact Investor Relations - World Vision Financial, 888-345-6060, or Investment Banking, Alexander Wescott, 888-776-8384. SOURCE Firamada Inc. -0- 10/24/97 /CONTACT: Ira Monas, President of Firamada Inc., 212-269-4777/

To: David Colvin who wrote (20097)	5/31/1998 10:01:00 AM
From: Warthog	Respond to of 27968

More old news: Firamada Acquisition/Financing PR Newswire, Friday, October 31, 1997 at 09:38 NEW YORK, Oct. 31 /PRNewswire/ -- Firamada (BB: FAMH) announces today an agreement in principal with Tech Support of California, to acquire their company. This acquisition will add approximately 4.5 million dollars in sales to Firamada. Ira A. Monas, president, states that financing for the acquisition, as well as others, is currently in place. Tech Support specializes in the Temp and Permanent staffing of High-End computer programmers and engineers. Firamada's management team states that they remain aggressive to acquire high-end specialty niche players in the staffing market place. In conjunction with their investment bankers, Alexander, Wescott & Co., Inc., management feels they have the necessary backing to complete a slew of acquisitions. SOURCE Firamada -0- 10/31/97 /CONTACT: Investor Relations, Investment Banking, Alexander, Wescott & Co., Member NASD-SIPC-MSRB, 888-776-8384, for Firamada/

To: David Colvin who wrote (20097)	5/31/1998 10:03:00 AM
From: Warthog	Respond to of 27968

More old News...and eps estimates. Firamada Third Quarter Earnings and New Contracts PR Newswire, Monday, November 24, 1997 at 10:11 NEW YORK, Nov. 24 /PRNewswire/ -- Firamada, Inc. (BB: FAMH) announced today that a contract has been signed with Morton Downey Jr.'s Invest America, a syndicated talk show. The first taping took place last week and will be aired in January. The show will be seen in 85 cities nationwide. In addition, it will be seen on TWA and United Airlines reaching another 5,000,000 viewers through flight talk. The show will also be produced as a pilot show on Microsoft's "new" cable network. Furthermore, earnings for the 3rd quarter of this year were $.06 per share thus creating a YTD of $.12 per share. Firamada's finance subsidiary created in September showed a net profit of 73,645.25, in its first month of operation. Other developments include the opening of the Houston, Texas office, which expectations are to add a minimum $1,500,000.00 in sales for next year. In New York a formal contract was signed with AIG Insurance, to supply their underwriting department with additional assistant underwriters due to an added marketing push by AIG. SOURCE Firamada, Inc. -0- 11/24/97 /CONTACT: Investor Relations: Alexander Wescott, 888-776-8384; or World Vision, 888-345-6060, or Corporate Contact at Firamada: Ira A. Monas, President, 888-269-4740/

To: David Colvin who wrote (20097)	5/31/1998 10:04:00 AM
From: Warthog	Respond to of 27968

Firamada Announces Acquisition PR Newswire, Wednesday, January 07, 1998 at 09:52 NEW YORK, Jan. 7 /PRNewswire/ -- Ira A. Monas, President of Firamada, Inc. (BB: FAMH) has recently announced the signing of a letter of intent to acquire the assets of Myraid Employment Services, Inc., an Employee Leasing Firm based in Long Beach, California for cash and stock. This acquisition has been talked about in the financial community as probably one of the most "David and Goliath Transactions of Recent Memory." 1997 sales for Myraid were 60 million dollars. Firamada with 1997's sales of $8,000,000.00 has taken on the commitment with expectations of continuing to take the company to the next level of attaining profitable market share in the corporate staffing industry. The combination of strong management led by Arif Adam, CEO and Ira A. Monas, President, have proven that focus and direction are essential in competition in today's market place and preparing itself strategically to compete through the year 2000. The Rolla, Missouri branch office recently secured its largest account to date, Cupples, Inc. Revenues for this account will exceed 1.2 million dollars for 1998. SOURCE Firamada, Inc. -0- 01/07/98 /CONTACT: Investor Relations - Ira A. Monas, President of Firamada, 212-425-2168 or fax, 212-425-2408/

To: David Colvin who wrote (20097)	5/31/1998 10:05:00 AM
From: Warthog	Read Replies (1) \| Respond to of 27968

Old news: Firamada Secures New Investor Relations Contract PR Newswire, Friday, January 09, 1998 at 10:54 NEW YORK, Jan. 9 /PRNewswire/ -- Effective immediately World Vision Financial is no longer associated with Firamada, Inc. (BB: FAMH) and its subsidiaries. Firamada will not authorize any information they may give to the public and or shareholders. Firamada has signed on with a new Investor Relation's Firm. Please contact Jennifer Hedberg at Preferred Financial Marketing at 310-789-1132 for any questions referring to Firamada. The change in Investor Relation Firms is a business decision based on the tremendous expanded growth of Firamada and the ability of the new firm to better serve the public. SOURCE Firamada, Inc. -0- 01/09/98 /CONTACT: Ira A. Monas, President of Firamada, 212-425-2168, or 888-831-2442/

To: David Colvin who wrote (20097)	5/31/1998 10:06:00 AM
From: Warthog	Read Replies (1) \| Respond to of 27968

Last Old news: Firamada Inc. Secures Line of Credit PR Newswire, Tuesday, February 24, 1998 at 11:14 NEW YORK, Feb. 24 /PRNewswire/ -- Firamada Inc. (BB: FAMH) has obtained a line of credit through an equity investment in the amount of 12 million US dollars through Bristol Asset Management of Los Angeles, CA. This investment group has given Firamada Inc. the opportunity to form additional strategic alliances to move the company though the millennium. With the acquisitions of Myriad Long Beach CA. Employment Services, and sales of 45 million dollars and Warren Temporaries of New York City, a small industrial niche player, Firamada's revenues are projected to be approximately 75 to 80 million dollars for 1998. With the strong management already in place at Firamada led by Arif Adam, CEO, and Ira Monas, President, they have taken the plunge into the information technology marketplace by bringing in Elaine A. Zei as Vice President of the Information Technology division. Ms. Zei brings to Firamada more than 13 years of experience in the temporary, permanent placement and information technology marketplace. Her focus in the past has been on middle to upper management placement. In conjunction with Mr. Fred Capalby, Senior Vice President, Ms. Zei will be based in the Phoenix, Arizona office although directing her efforts nationwide. Firamada Inc. as a staffing company provides a wide range of services including temporary and full time staffing, employee leasing, payroll financing and H R contract consulting. Firamada operates in New York, Dallas, Houston, Rolla, MO, Phoenix as well as Long Beach, CA after the Myriad acquisition. SOURCE Firamada Inc. -0- 02/24/98 /CONTACT: Ira A. Monas, President of Firamada, Irafm@aol.com; or Preferred Financial Marketing, 310-789-1132, or fax, 310-789-1134, for Firamada/

To: David Colvin who wrote (20097)	5/31/1998 2:03:00 PM
From: Little Engine	Read Replies (1) \| Respond to of 27968

Dave, a considered response to some of your points: <<<<FAMH in business MAKING MONEY for 19+ years (no jail time or civil suits for Arif>>>> Even FAMH does not claim to have been making money for 19 years. Point of fact: the balance sheet in the investors packet, released months ago, showed that (before they went public) FAMH had a negative cash balance and a good deal of debt. I don't think companies making money for 19 years, with only a few offices, would have such problems. <<<< o Arif decided to go public and expand the business. Somewhere along the way Ira Monas entered the picture (I don't know anything about how/why/when Ira came on board).>>>>> I believe, since the balance sheet reflected financial problems, that Arif went public merely to get out of debt. Who knows what Ira did before assuming the presidency? Good question. <<<<o FAMH acquired Myriad...WHY? I believe to dramatically grow revenue base>>>>> I agree. But what about growing profits? <<<<o FAMH obviously had the verifiable resources (cash or otherwise) to complete all the acquisitions so far. This tells me FAMH must have generated the money from past successful operations >>>> That is a HUGE assumption on your part. That's like seeing someone with a Mercedes on the street and assuming they make a lot of money. Maybe the car was a gift? Maybe they went heavily into debt to purchase it? Maybe they even stole it? One does not follow the other. To my eyes, FAMH "obviously" has trouble coming up with money to run/acquire things, so they issue a few million shares every few weeks to pay the bills. <<<<< o FAMH has cash from ongoing operations. Do they NEED to perform a scam in order to succeed? I definitely don't think so>>>> Without an audit, you have no way of knowing where cash is coming from, or going to.