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

To: David Colvin who wrote (24303)	9/26/1998 10:43:00 AM
From: The Street	Read Replies (1) \| Respond to of 27968

But it is NEGATIVE .05--- anti-earning...

To: David Colvin who wrote (24303)	9/26/1998 10:45:00 AM
From: Freddie Forte	Respond to of 27968

Also, Randy wants to get to Nasdaq. We discussed the mess on the bulletin board. However, in my opinion, this is a long, long, long, way off. Get the company on solid footing first. Penny stocks DO NOT jump to Nasdaq just like that. This dream is at least a couple of years away.

To: David Colvin who wrote (24303)	9/26/1998 12:04:00 PM
From: Freddie Forte	Respond to of 27968

On April 30, 1998, the Company purchased all the assets and was assigned leases of Myriad Employment Services, Inc. and Lasorda Group, Inc, two unrelated California corporations. In consideration, the Company agreed to pay the outstanding Trust Fund balance plus accrued interest owed by Myriad and Lasorda to the Internal Revenue Service. The indebtedness totaled 4,509,400 plus interest on the unpaid portion relating to the Trust Fund of Lasorda which approximates 160,000 at the date of this agreement. On April 27, 1998, the Company purchased all the assets of Financial Recruiting & Consulting, an unrelated Delaware corporation for 55,000 of which 10,000 was to be paid at closing. The remaining indebtedness of 45,000 is payable in six equal monthly payments of 7,500. The agreement provides for additional considerations payable to the President of FRC in the amount of 25,000 if FRC gross billings exceed 750,000 over the first year of business. At the closing, the Company also entered into a three year employment and non-competition agreement with the President of FRC.