To: Lonnie A. who wrote (24830 ) 10/16/1998 11:07:00 AM From: tonto Read Replies (2) | Respond to of 27968
PR regarding financials Monday August 3, 8:31 am Eastern Time Company Press Release Firamada Announces Scheduled Release Dates for 1996 and 1997 Audited Financials LOS ANGELES--(BUSINESS WIRE)--Aug. 3, 1998--Firamada, Inc. (OTC BB:FAMH)announced today the projected dates for public release of audited financial statements of the Company for 1996 and 1997 as provided to them by their auditors. The company's independent auditors Merdinger, Fruchter, Rosen & Corso, P.C. have estimated that, barring unforeseen circumstances, the financial information and earnings per share (EPS) for Firamada, Inc. will be completed and released according to the following schedule: For the year ended Dec. 31, 1996, public release is expected by Aug. 17, 1998 For the year ended Dec. 31, 1997, public release is expected by Sept. 21, 1998 This information will be posted on the Company's web site (http://www.firamadainc.com) and will be available directly from the company upon request. It will also become part of Firamada's Form 10-SB filing to become fully reporting with the Securities and Exchange Commission. Firamada Inc. President Randy Malinoff, issued this statement: ''Many people have asked us forspecific financial data on Firamada and we know it is vital to making informed decisions. However, it is not appropriate, nor is it in the best interest of anyone, for us to provide information that is incomplete. ''Our intent as a management team, is to earn the trust and confidence of the entire investment community and to build a line of open communication with our shareholders. Verifiable, accurate data is the reliable foundation upon which trust, confidence, and communication is built. ''The management of Firamada is anxious to get these financial reports out and we know all of our shareholders are anxious to see them. We are in this together. We share a common goal; the success, health and strength of this company. This information will be helpful to all of us. ''By August 17th and September 21st, we hope to provide everyone access to these important first reports. We appreciate the loyalty and patience of our shareholders and I can assure you we are working hard to meet and exceed expectations.'' 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. COMPANY INFORMATION Firamada, Inc. (OTC Bulletin Board:FAMH - news) is a national staffing company specializing in providing high-end temporary staffing, Information Technology (IT) placements, employee leasing and permanent placement personnel. Firamada currently operates staffing locations in New York, Texas, Arizona, Delaware and California. Contact: Firamada Inc. Randy Malinoff 562/624-6277 (phone) 562/628-0098 (fax)