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


To: Anthony Darmanin who wrote (22205)7/22/1998 3:26:00 PM
From: M Murphey  Read Replies (1) | Respond to of 27968
 
I looked back at the first couple of posts on this thread, FAMH was trading around .18 then. That was before Myriad or the Delaware locations. They have seven locations where real people answer the phone. That in itself is better than some stocks I have owned.

Now, outstanding shares thats where we are hurting. I hope that will be the companies next statement.
Good Luck to all and thanks for the PM's,
MM



To: Anthony Darmanin who wrote (22205)7/22/1998 4:04:00 PM
From: John Maddison  Read Replies (1) | Respond to of 27968
 
Thanks MM

You are one of about 12 people on this thread who own stock and are trying to have a truthful debate on the company performance going forward.

Who knows how much lies Ira and the bashers (note I bracket them together there is no difference in my mind)have posted on the thread.

As I have said before during my sabbatical in August I will be spending some time researching this part (FAMH) of my portfolio.
Assuming Ira only told lies 50% of the time and profits are still flowing the we still have a great company (Future) at any price between 50 cents and $1:00.

However this price will never be reached with the current float and thats what Randy needs to reduce. Even if profits are good when announced the share price will not move until this aspect is resolved.

Hence my attempts and others to get a group of shareholders together which represent a reasonable amount shares. This then gives the group the ability (with one voice) to let the company know how badly they have been treated over the last 3 months and in thier mind it is the companies duty to restore some of the share price from its own cofers.
Why? Because in the end they are responsible for Ira's press releases which at best extended the truth and timesacles.

I really think Randy realises this but can do nothing until all the facts have been gathered. A longer and more disturbing process than they originally thought.

A couple of people have asked if we have reached the bottom. I would say just about. There is the odd person selling but 15/16 cents seems to be just about bottom at the moment.

Again this is now a long 6 to 12 month play with some more bad news probable. However compared some/most other BB stocks it is an absolute bargain at 16 cents.

Thanks agian MM for your work

JM