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

To: Nutty Buddy who wrote (25870)	12/2/1998 9:30:00 PM
From: Little Engine	Read Replies (3) \| Respond to of 27968

<<<Did Ira Monas KNOWINGLY put out false information >>> Well, yes. Time and time again. Let's start with a simple one -- he told shareholders that the financials had been sent to the SEC, when at that point, they did not even exist since the audit had not been done. Then of course, there was the claim that FAMH made ".1085" per share. Those numbers were based on $8.5 million in revenues, which Ira knew were not even coming in. All he had to do was look at the total amount of checks cut to temps to figure that out. Or to see if anything close to $8 million had been deposited in the firm's bank accounts during the year. Never mind the earnings claim... it would have been obvious to the company president, if he ever showed up for work, that the revenues were not there. It seems obvious that the plan all along was to issue lots of stock and fleece investors. And why not? It worked. It's not as if anyone is busy suing Arif or Ira. Texas laws are clear that what they did was fraud -- has anyone even complained to the attorney general there? As long as the stock is worth .025, then Arif's 40 million shares are worth $1 million. So why should he care how low the price goes? The SEC is too swamped to deal with these thieves. They'll get off scot free.

To: Nutty Buddy who wrote (25870)	12/4/1998 8:38:00 PM
From: Traveler	Read Replies (1) \| Respond to of 27968

I'm not sure but you sound like AN-IRA-MONAS-FAN or worse maybe a relative. Where was FAMH before they went public? Nowhere! Arif obviously can not make a profit and owed the company alot of money. What happened after they went public? Looks like Monas came with the deal and just needed a live business to continue his addiction of hype, crap, BS and fraud. (Yes, IRA, you are a sham) What's happened since IRA left? Stock value has dropped yes but has stayed down, reasonably, because it should. Have you read the financials lately. Maybe Arif has learned what can and can not be done in the public market? Maybe Sukey has something to do with that? Maybe they are just cleaning up the garbage dump that Arif created and the toxic waste Monas dumped illegally. We'll see - these things take time. And time is more valuable than FAMH stock.