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

To: waltertx who wrote (27479)	5/7/1999 10:31:00 AM
From: Mr. Jens Tingleff	Respond to of 27968

Yes please - My fax is international +45 5550 2584

To: waltertx who wrote (27479)	5/7/1999 11:45:00 AM
From: R. Murphey	Respond to of 27968

waltertx, Re: <<proposal ...Lee to Adam....and "self-serving>>> You forgot to mention that several proposals have been laid out by the plaintiffs, ....all with the interests of the minority shareholders in mind. All, even the one tentatively agreed to by Adam(which caused the loss of a week or more in the proceedings), have been rejected by Firamada thus far, so I guess it's off to court things go. There are at least 10 options that have been discussed, but only a few presented to Firamada. Now it appears the plaintiffs will pursue the receivership option first and fully(probably followed by others). Dick Lee cannot be the Receiver under Texas Law, so that will probably fall to someone with extensive forensic accounting and business skills. It too will be in the best interests of minority shareholders, and one could guess that much will be discovered over time. Firamada knows it has had options presented to it, including ones that have not been shared with all the complaining "members" whose numbers have been increasing almost daily. Pick and choose if you want, but it certainly appears you're not giving the WHOLE story. In the meantime, I understand, the parties are scheduled to talk with the judge on Monday and set the court date. As for the Board composition, there have been several suggestions also, including a mix with several outsiders identified through an independent management recruiting firm. I don't think one can be more open and constructive than this in suggesting composition of an "independent" Board. Any good suggestions for an independent Receiver that's known to the court system and that we can add to the short list? Send them to Dick Lee or Cleve Powell. Might as well be prepared for what may be inevitable and then at least you could have had some input. Regards, Bob

To: waltertx who wrote (27479)	5/8/1999 5:06:00 PM
From: Mr. Jens Tingleff	Respond to of 27968

Hmmm... waltertx, - Lawyers fired !! - Auditors on the edge !?! AND no fax from you - You know what Mr.ADAM - That is called panic You are in *PANIC !!!!!!!!*. Well, help is near - I happen to be in the biz of panic control :-) Let me help #1 - Admit to your self that you are responsible - You do know that all that has happened is due to your leadership - You did it your way, and now you have to realize that the competence was not sufficient. Projecting the responsibility onto other is only kidding yourself - and I am sure you do realize that. #2 - What is the worst thing that can happen to you - You are in the corner - 8 seconds left of this round - next round will be lethal - biz-wise - But remember you are still alive. You are able to overcome living in a ditch - Actually much less stress there :-) - If the wife and kids do not want it there, then it is because you spoiled them from the beginning - You have to tell them that new rules apply. #3 - Find a good solution - You do know that you are NOT able to turn this thing around - hand it over - you may even be able to recover if a new world can be established around FAMH as you may still own your part of it - you just do not control it - (actually that is the situation most of us investors are in every day). #4 - I'll recommend that you yourself ask for FSAAA to take control, that could be a very first act raising out of the swamp you are in right now. - And you will not loose face standing up saying - "This is over my head, I'd like to hand the control over" - You will loose face when someone else say it in court. -- Now why should you follow my advise ? - I'll tell you why - I have been in your situation - ! Twice ! First time with a company with my name - Not "Ffelgnit" :-) But Tingleff Datasystems - I had a hard time getting to the point where I had to realize that it was my actions and mine alone that had brought it to an edge. But when I realized it, I was able to get over it and start over again. Second time it wasn't directly my actions causing the trouble, but I should have seen it coming, so it was my responsibility. Today I'm running my third business - I never lost face - Biz-partners and banks around me does appreciate working with me - The hard times I have been through only created more friends and respect. THE REASON IS: I took the responsibility !!! This is the best biz-advise you will ever get - Do not throw it away just because it is free Kind regards Jens