Kaire Holdings - $0.50 stock- $3 to $4 Book Value Message Board

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Microcap & Penny Stocks : Kaire Holdings - $0.50 stock- $3 to $4 Book Value

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To: Selfop who wrote (257)	8/18/1998 3:13:00 PM
From: Selfop	Read Replies (1) of 1640

It just started raining here so I can start posting my findings.The transfer agent directed me to call the company direct. I spoke to Kahi counsel Owen Naccarato at 310-312-9652. This was my second call to him as he had suggested I call Mr Benz at another number. But the transfer agent told me to call Mr Naccarato back. He said there were some conversions in August and double checked his numbers and came up with 10.6 mil outstanding, about 2.6 mil restricted and about 8 mil in the float. Now these figures seem to be lower than what I expected. There was still some conversion to take place about 290,000 in debt. Steven, you had many questions about the debt conversion so you may want to call him and follow through. I had other questions to ask and his time was limited. Will post those other questions soon.

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