SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services -- Ignore unavailable to you. Want to Upgrade?


To: tonto who wrote (22701)8/4/1998 3:03:00 PM
From: Trump Jr.  Respond to of 27968
 
Shake the tree's,let the weak ones fall.Here is a clip of new
management's news release and the KEY word here is profitable.
Thanks for the buying opportunity,invertebrates. :-)

Mr. Malinoff concluded, ''With our desire to be a front-running PEO, and with our attention on the rapidly expanding IT and employee leasing markets, Firamada can realistically expect to generate annual revenues in the $200 Million to $300 Million range within 2-3 years.''

Firamada also issued a statement from the recently appointed Vice President of Finance and Chief Financial Officer, Michael J. Sukey. Addressing the Company's financial status, Mr. Sukey said, ''Firamada has been profitable and continues to be so. We are building on that profitability, in part, by eliminating unnecessary costs and expenses. We have already realized a savings of about $250,000 over the last month. And, by now having a single approval source for all areas of accounting, we will be looking for greater savings over the upcoming months.''