To: Joe Copia who wrote (9860 ) 11/16/1998 10:19:00 AM From: JohnO Respond to of 25711
FAMH has had some real tough times of late. This seems to say they are now on track for positive results? Monday November 16, 8:00 am Eastern Time Company Press Release SOURCE: Firamada, Inc. Firamada, Inc. Blasts Off With Aggressive Sales, Investor Relations, Media Rollout. LOS ANGELES, Nov. 16 /PRNewswire/ -- Firamada, Inc. (OTC Bulletin Board: FAMH - news) announces the following news that will launch it into 1999 with enormous strength: -- Sales for 1997 were $1.4 million. Sales to date are $30 million. Projected sales for 1999 are $60-70 million. -- Firamada, Inc. will open a new Staffing Office in January 1999 in Long Beach, CA. This office will focus on Temporary Staffing and will carry over the financial client base from The Company's current markets. -- Firamada, Inc., currently selling Temporary Staffing only, will soon roll out the Professional Employer Organization (PEO) side of the business in its four operating states where it is not presently sold. -- Arif Adam, Chairman and CEO, indicated that the projected sales of $60-70 million does not include the four states in which PEO is not presently sold. -- Firamada, Inc. is actively seeking small to mid-size PEO businesses to acquire. -- Firamada, Inc. has contracted with the widely respected Talk Stock With Me website (http://www.talk-stock.com) to handle IR on the Internet. Posting full disclosure, Talk Stock provides investors with an enormous user-friendly database of information on the select companies it represents. Talk Stock will host Firamada in exclusive online conferences, multimedia events (including audio/video interviews), and will create a profile page containing the most detailed and current information available (such as breaking news, analyst reports, and links to all things on the Internet pertaining to Firamada). SOURCE: Firamada, Inc.