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


To: Leroyt who wrote (24773)10/14/1998 8:00:00 PM
From: Freddie Forte  Read Replies (2) | Respond to of 27968
 
Leroy.....Randy's honesty is appreciated here, but, WHY can't they file with the SEC? What criteria or requirement can't they meet? So our label will still be "non-reporting", even with audited numbers. Am I right?



To: Leroyt who wrote (24773)10/15/1998 6:56:00 AM
From: tonto  Read Replies (1) | Respond to of 27968
 
Leroy, interesting point in your post:

Freddie,

Randy told me audited numbers, yes, but not yet planning to file with the SEC. Too many other things to deal with first.

It's OK by me. Too many companies make this kind of claim (SEC fileing in 30 days, blah, blah, blah, blah, blah). but just NEVER do it. I appreciate Randy being much more forthright.

later, leroyt


LOS ANGELES--(BUSINESS WIRE)--June 15, 1998--Firamada, Inc. today
announced the appointment of Michael J. Sukey to the positions of Vice President of Finance and Chief Financial Officer.
As a result of Firamada's substantial recent acquisitions, and the fact that Firamada will soon be a fully reporting company with the SEC, the Company's financial operations will now be aggregated for accuracy and efficiency under the newly created V.P. of Finance and C.F.O. positions.
Mr. Sukey, 39, brings considerable experience and vision to this position. Before joining Firamada, Mr. Sukey was Chief Financial Officer for Waldron and Co., Inc., an independent investment banking firm in Irvine, CA. Prior to that, Mr. Sukey hel Senior Consulting position with Resource Connections, a subsidiary of Deloitte and Touche, a Big 6 accounting firm. As a certified public accountant, Mr. Sukey has advised many corporations on tax issues and accounting methods through his own consulting firm. He has also served as an auditor with Peat Marwick, LLP in New Jersey.
Mr. Sukey will be responsible for overseeing the company's finance, administration, and day-to-day operations and will report directly to Firamada's C.E.O., Arif Adam, and President, Randy Malinoff.
Mr. Adam spoke highly of the Company's respected new officer, "Mr. Sukey's strong management skills and diverse experience with both large and small public companies, will play a key role in refining and implementing Firamada's plan for growth. Mr. Sukey's leadership will be an integral and necessary part of our Company's continued success."
Firamada, Inc. (OTC Bulletin Board: FAMH - news) is a national Professional Employer Organization providing a comprehensive personnel management system that encompasses a broad range of services including: benefits and payroll administration, medical and worker's compensation insurance programs, personnel records management, liability management, employee recruiting and selection, performance management and training and development services to small and medium sized business. The company has seven offices in major markets and serves over 250 small business clients with approximately 2,500 work site employees throughout the United States.
This press release contains forward-looking statements with respect to the results of operations and business of the Company that involves risk and uncertainties. The Company's actual future results could materially differ from those discussed. Risks and uncertainties of the Company will be detailed from time to time in the Company's periodic reports to be filed with the Securities and Exchange Commission.

CONTACT: Firamada Inc.
Randy Malinoff, President
Preferred Financial Marketing
(310) 789-1132

Fax: (310) 789-1134
or
Michael Behringer
Market Pulse Journal
888-303-4002
11:52 EDT JUNE 15, 1998
*** end of story ***


Randy's name as President and contact is on this release. More than 30 days ago he advised about SEC reporting and workman's comp...