To: waltertx who wrote (27221 ) 4/1/1999 10:15:00 PM From: Dick Lee Read Replies (2) | Respond to of 27968
Walter: I'm planning on being there. The 52% does not concern me, we understand we are a minority! What does concern me is the financial condition of our company. Are you ready on backing me in my demands to see the 1998 income statement and balance sheet before anybody votes on anything? Do you care about the financial condition of your company? You are a shareholder, like me, and you must be concerned about where this company is going!!! 1. If the company lost money in 1998, 2. If the company has liabilities in excess of $5 million today, 3. If there is a balloon payment of $2.5 million due to the IRS for the Myriad acquisition in June, 1999, why are you backing Mr Adam? He has clearly demonstrated to us, he cannot do the job. He's demonstrated that to you but for whatever reason you cannot see it. What elixir is it you are going to give him to suddenly become a world class business leader/manager? Walter, you are backing a man that has demonstrated what he can do. Nothing that builds shareholder value. We have seen and heard enough!! He has to go. That's what Firamada Shareholders Against Arif Adam (FSAAA) is all about. Terminate Arif Adam, right the great ship Firamada, get her out to sea in fair winds and sail into the ocean of profitable growth. If you are reading this post, have lost 70 to 90% of your investment in FAMH, are sick and tired of the lack of leadership at FAMH, then join FSAAA. Contact Dan Provost (dpp.dfw@worlnet.att.net) or me Dick Lee (RKLlee@aol.com) for more details. JOIN NOW, WE ARE GROWING FAST!!! Walter, see you in Long Beach (if the meeting is still on). I'd like to meet an individual who is happy over losing 70 to 90% of a $4.5 million investment. With best regards, LTBFV through FSAAA, Dick