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: Brad who wrote (24923)	10/17/1998 8:43:00 AM
From: tonto	Respond to of 27968

Brad, excellent posts. (I include Cheryl's) The posts ooze of honesty which is lacking too often on S.I. I believe you both will be excellent contributors to the threads in the future and hope that you will post again.

To: Brad who wrote (24923)	10/17/1998 9:07:00 AM
From: william miller	Respond to of 27968

Brad, I too have been burnt by this stock, too much hype on too many stocks on these boards. In the end I alone am responsible for my stock selections, I share no blame on anyone but myself. Good luck to you in the future. Selling for a tax loss. bill miller

To: Brad who wrote (24923)	10/18/1998 2:46:00 AM
From: Little Engine	Read Replies (4) \| Respond to of 27968

Brad -- finally ready to doubt the FAMH press releases? I think that horse has left the barn. For the record: I never had anything against you buying the stock. Or liking the stock. Or expressing your opinion that it was a good buy, even. What I had trouble with was you and Cheryl stating company press releases that were extremely questionable as *undeniable fact... as well as encouraging others to depend on you for "facts" and to invest in FAMH. "Earnings" that could not be backed up with a shred of evidence -- that did not even make sense under the slightest scrutiny -- were true, in your posts, beyond a shadow of a doubt. And you hammered, and hammered, and hammered as you whipped the crowd into buying frenzies. You even came up with "valuations" of the company (I think you valued FAMH once at $20/share) based on their non-existent present and future earnings. Ira used you as a pawn, and you cheerfully accepted. Here's a good example: #reply-2783503 , where you posted the FAMH "financials" for the first six months of 1997. Did you wonder how FAMH came up with a 30% profit margin? No, you just stated the figures as fact and said the financials looked "mighty good" to you! Another "fact", this reported by Cheryl in November* "audited financials will be out in 2-4 weeks" #reply-2823597 No mention of who at the company might have told her that. Not even a "Ira claims that..." Nope. Just presented as something written in stone from an insider's view. More B+C "facts".... * " It is very refreshing to see a OTC-BB company that is making a very nice profit." #reply-2837463 "The 3Q revenues figures ARE ACCURATE. Revenues of 1.7 million and income of 1.3 million." #reply-2918380 *** "Actions speak louder than words. FAMH is ACTION. LE is just words." #reply-3604411 If anyone disagreed, they were labeled a market maker or worse. And of course my favorite conspiracy post of all time: #reply-3729979 It strikes me, Brad, that your "conversion" is rather sudden. I hope it takes. Even after it was obvious that FAMH lied in press releases, you continued to believe anything any other BB company said in a press release, like your projection of $36 million in GLOW revenues with a "50-70%" net profit margin. Then you regurgitate unbelievable profits from KWIN in recent weeks because they were claimed in a press release... Am I no longer going to see posts from you on BB stocks, saying "I talked to the CEO, and they are making money, and they will be filing their audited financials 'very soon' and applying for the Nasdaq?" Are you saying you might actually question ridiculous BB stock claims from now on?

To: Brad who wrote (24923)	10/20/1998 9:19:00 AM
From: Lonnie A.	Respond to of 27968

Brad, If you check your thesaurus you'll note that the word "exploitable" is associated with gullible. You, me, and everyone else were exploited by Arif and Ira. Don't blame yourself because we were all lied to. It's human nature to want to believe the best about everyone (at least it's human nature for the majority of Americans,)I wanted to believe the best about FAMH. I swallowed FAMH's fraudulent figures, projections, statements, etc. hook line and sinker. Bottom line is that we were all dealing with a bunch of shysters. It would have been nice to know that back in the spring, but I personally thought that someone would be crazy to blatantly lie to investors. I always thought that that sort of thing was illegal (which it of course is.) I enjoy reading your post, but made my decisions to buy FAMH based on what the company presented as factual per share profits, and future projections, not based on what you said. You were excited about FAMH as were I. You got screwed as did we all. Don't blame yourself for the lies told by Arif . You nor Cheryl wrote the false press releases nor do you run the company. It's Arif and Ira I blame, and not for one second do I associate this fraud with you or Cheryl. Continue to post. Regards, Lonnie