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


To: Bidder who wrote (24958)10/17/1998 10:34:00 PM
From: dave brown  Respond to of 27968
 
Bidder,

Your faith in Randy is mind boggling. You have more faith in this company than the auditors do, they question FAMH's ability to remain an ongoing concern. You ask fellow investors to hold on to their shares, but its not holders that will drive the price up, its buyers. I don't see investors lining up to buy based on recent financials. Anyone interested in the staffing industry would probably look at a company other than FAMH.



To: Bidder who wrote (24958)10/18/1998 7:50:00 AM
From: tonto  Read Replies (2) | Respond to of 27968
 
Bidder, the company releasing false information in the past has created a dilemma for honest investors. It is difficult to sell for a loss, yet it is equally as difficult to assume this company has a bright future as a publically trading stock. It has seriously violated SEC code. That is not that unusual in penny stocks, but when it becomes so blatant, it will be surprising if the authorities do not take additional action in the near future. Never forget they already are aware of the company.

Some previous lies of Randy have been posted here. How can anyone trust what he says now to be the truth?

Months ago, some shareholders argued with me regarding the now evident bogus audited balance sheet the company released. Even though it did not resemble a balance sheet, they argued it was indeed valid, because they hoped it would support their share price. Unfortunately, what happens is the stock continues to drift down and their investment is worth far less.

The company has released false information repeatedly, not for the purpose of informing us of the fundamentals of the company, but had everything to do with falsely pumping the stock it was selling at your expense.

What are the posters thoughts regarding this? In the big picture, will the market overall be a better place to invest in if the SEC prosecutes every known violation where investors have lost much money?



To: Bidder who wrote (24958)10/18/1998 12:54:00 PM
From: Steve1  Respond to of 27968
 
Count me in.

Steve



To: Bidder who wrote (24958)10/18/1998 8:02:00 PM
From: Lurker  Respond to of 27968
 
Bidder,

I am sorry for your losses.

However, as I learned with this stock, some money is better than no money. The temporary labor and employee placement business has lots of competitors. No one will buy Firamada. If they do, it will be like the Myraid deal - they will only pay back taxes.

As you can see from the financials, Firamada will soon go the way of Myraid. Since they are not even paying their taxes, they will be out of business soon. The taxing agencies will soon be forced to close Firamada's doors. Right now, they hope Firamada will be able to turn things around and pay their taxes. But, it will soon be evident that this is impossible. They will soon prefer to close the company down and collect taxes from the workers as they get jobs elsewhere.

Arif is milking this company for every cent. Randy gets his paycheck and he is happy with that. Soon the money will run out. All 100,000,000 million shares will soon be "spent" and there will be no more money.

Lurker
(A fellow loser)

P.S. You are not stupid for hanging on, just overly-optimistic.