Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Lurker who wrote (23200)	8/20/1998 4:17:00 AM
From: Mr. Jens Tingleff	Respond to of 27968

Now lets see Pay back taxes - Hmm where do that go into the books - Yeah right improving shareholders equity. For the P/L what do you prefer un-deductable interest and fines to gov - or no interest calculated to shareholders? Big bonuses - can I ask how big and to whom they were payd ? I mean you do know this for a fact right ? It comes out of a closed SEC investigation right ? OR Is it in fact slander ? - If the latter - SHEW lousy DD - and publishing it is allowed - But have you considered that you cannot buy more FAMH shares after publishing such? - Have you considered that a SEC investigation if you buy shares after this post means that you will get a fine and that your earnings will be confiscated. Rock and roll - you may roll as much as you like - but watch out when rocking!! Kr Jens

To: Lurker who wrote (23200)	8/20/1998 7:22:00 AM
From: ChrisJP	Respond to of 27968

Dear Lurker, I've been reading this thread since November, ever since Cheryl OD spammed many threads I read with a "once-in-a-lifetime-opportunity" to by an .18 stock earning .12 per year and growing. For obvious reasons I have kept my opinions regarding FAMH to myself. I've waited 8 months for someone to finally post the conclusions you've posted. The day they announced they had 70M shares was the day everyone should have figured it out. Congratulations ! Chris

To: Lurker who wrote (23200)	8/20/1998 8:01:00 AM
From: hihopes	Respond to of 27968

Lurker, for the investors' sake, I sure hope you are wrong. But, I must admit, what you are saying is starting to make sense. If my guess is correct, I believe firamada released the '96 financials to lessen the impact of the much anticipated '97 financials. It's probably almost certain that the .10+ eps for '97 was a figure of someone's imagination. However, if the company can show that '97 was maginally profitable, the overall shock to the investors would be diminished. feeling some what less hopeful

To: Lurker who wrote (23200)	8/20/1998 8:24:00 AM
From: Wink	Respond to of 27968

Until we see some 98 financials, this is all speculation. I for one want facts, not guess work. Still waiting for the facts. ;>)

To: Lurker who wrote (23200)	8/20/1998 8:57:00 AM
From: Freddie Forte	Respond to of 27968

Lurker.....I agree with much of what you stated. WE paid for alot of things for this company. We are suckers and we paid the price. Arif could care less how much we howl. They owed payroll taxes, they were late with filing and we're penalized. It's obvious. Famh needed cash. Somebody received alot of shares for nothing, maybe illegally, and I believe as Liar Monas was lying for Arif, somebody was dumping. Famh is no different than any other BB company. Same story, different stock symbol. These companies all come public for one reason and one reason only. They lack that one basic ingredient. CASH!! Hah. In Famh's case, present shareholders are the remnants of a stock play that's been basically over for 6 months now. Who knows how many millions of shares were sold, maybe illegally, into the "promotion." The company still hasn't resolved the O/S issue yet. You know why. They aren't because the truth here is the crux of the problem. No answers or reasons for the additional 40 million shares is a bad sign and we all know it. Arif knew exactly what he was doing when he hired Ira. Ira lied and he lied often. Arif maybe encouraged it. Someone definitely benefited from this "promotion" and pack of lies. Investors are never in the loop. Talking to a PR person, or the CEO or president of the company IS NOT in the loop. Don't kid yourself. Face it. We're not. We're the suckers for these promotions. These slick promoters and CEO's need us. They kill to have us onboard. We fuel their fire and they give us the matches and we burn ourselves. OUCH. That hurt. We need to develop more of a traders mentality when dealing with these companies. They show no loyalty to us and we should do the same. You'll never survive otherwise. These people are not to be trusted. They've proven it time and time again. Shareholders are a necessary evil to them. The company has, basically, received the money they needed from the IPO and shareholders are considered pests. But they'll put up with us because they may need more cash in the future. HAH. The market knew that earnings would be shitty. It was telling us. No interest, no buying, no volume, no nothing. Trust me. A week or two before 97's earnings come out, if volume picks up substantially, you'll know earnings will be good. On the other hand, if the stock is drifting or trending lower that week, you'll know to expect ANOTHER LIE coming to fruition.