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

To: tonto who wrote (25937)	12/8/1998 3:38:00 PM
From: Freddie Forte	Read Replies (1) \| Respond to of 27968

News Alert.....Shareholders have developed a new division in Famhland called the Critic's Corner. This will be a nice, relaxful, kinda group hug thing where shareholders exchange pleasantries and warm feelings following the most recent press release. I know. I know. You're all thinking all we're going to be doing at the Critic's Corner is drink beer and bash Arif. Well, you're wrong. We have hard liquor. Okay....I'll share my thoughts on today's release. Most are unpleasant thoughts, but, I'll temper my disappointment with this management with positive imagery and christlike forgiveness....Not! Why, after every press release, do I become physically ill and want to hurl? First of all, why is a shareholder meeting tentatively scheduled for November is now scheduled for the middle of February? That's a 3 month difference. What are they delaying? What are they trying to hide? Has anyone called the Westin? I bet Firamada cancels again. Wait, they can't. They need shareholder's votes to approve more shares this time. Shareholders will elect five directors while expanding the board's powers. Ouch. This sounds like trouble. Giving the board MORE power is another reason Arif cannot be trusted. Who are the nominess for the board? How many children does Arif have? This paragraph says it all....."This meeting of shareholders is vital to managing the corporation. A FAVORABLE vote on the issues before us will create flexibility and strength in the company in order to compete in the industry. Under the present structure, the company may find it difficult to operate as a public entity." What is Mike saying here? Is he threatening shareholders? Either shareholders vote "yes" on all these issues or the company will go bankrupt or dissolve? Why isn't the present structure working? What does he mean by this statement? I'm reading.....The board of directors will be gaining more power, management is influencing shareholders, already, to vote yes on important issues or "the company may find it difficult to operate as a public entity" (What the frig does that mean, Mike?), the shareholder meeting is rescheduled for 2 MONTHS FROM NOW (Why so long, this is ridiculous) and...........It gets better, gang "The intent of this management is to earn the trust and confidence of the investment community and to build a line of communication with our shareholders." Excuse me while the bile in my stomach churns. If this is the case, then, why on earth are we getting frigging pro-formas and not AUDITED FINANCIALS. This is how you build trust and confidence, Mike. 1st quarter has been over for 8 months now, Mike. Firamada only had a few hundred thousand in sales the first quarter. Myriad wasn't there, yet. You're telling shareholders, being the CPA that you are, that shareholders can't get audited numbers for the 1st quarter 8 months after the fact. That's bullshit. Same with 2nd quarter. Why can't we get AUDITED NUMBERS, Mike. A first year college kid could've done these audits. Why are we getting pro-formas that can change with the direction of the wind? Shareholders are still cringing over the last pro-formas this company released. Mike continues......"Consistent and credible information is the foundation upon which trust, confidence and communication are built." Again, if this is their intention, then, why are we getting pro-formas instead of AUDITED FINANCIALS? Why? It's been 8 months. Why are they restating the Articles of Incorporation? This could be any number of things.....well, I've finished my drink, hey bartender.........