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: Wink who wrote (25066)	10/19/1998 3:45:00 PM
From: Double Dipper	Respond to of 27968

I CAN'T Figure out why this stock is still trading at so high a premium? 06 is probably 07 cents a share more than its worth at this point. I guess speculators are still hoping for the best. Kevin

To: Wink who wrote (25066)	10/19/1998 4:28:00 PM
From: Freddie Forte	Read Replies (7) \| Respond to of 27968

Wink.....Just spoke with Randy. Firamada assumed Myriad's debt of 4.5 million. Firamada paid about 150,000 up front and the rest is paid in monthly installments of 60,000. Myriad was also losing money. Randy stated sales have increased every month since his arrival and the PR in a couple days will detail this. Arif is reluctant to come on an interactive conference call for obvious reasons. The questions we would ask cannot be answered. For example," Arif, why did you lie about financials?" "Arif, why did you lie about .1085 eps for '97?" "Arif, why did you issue huge chunks of stock to yourself?" "Arif, why did you allow Ira to lie constantly to shareholders?" "Arif, would you prefer a public lynching or a private hanging?" You know. Stuff like that. Randy is aware that I have filed a complaint with the SEC and the attorney general. Firamada is cooperating with the informal inquiry providing records and information to the SEC. The SEC will peruse all future press releases for accuracy. Randy is aware of past managements indiscretions and wants to distance himself and the company from this turmoil. This is not to say they are running from anything. They dropped a bombshell on shareholders and are prepared to deal with this appropriately, but, he wants the company to go in a positive direction. Guys. I think Randy is the real deal and wants to be successful. I honestly believe he has made changes and has streamlined operations to benefit us all. Check out the last release. Randy was being honest and didn't embellish a thing. Compare that to Ira's escapades. Like night and day. As I've said before. Let's give Randy a chance. Financials were out as promised. Do any of you believe the next press release detailing sales will be inaccurate? I mean, c'mon. With all the shit flying around, I expect honest and accurate releases from here on in. There's alot of things that Randy cannot discuss concerning Ira and Arif. We have to do what we have to do. I've lost money as most of you have due to some very obvious and severe SEC violations. Something has to be done.