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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 (261)8/18/1998 3:21:00 PM
From: Selfop  Read Replies (1) of 1640
 
JP390 and all, Regarding Potomac. I would say a 35% ownership is a misstatement at this time. That deal is on hold but Mr Benz did have a conference call with them, think he said yesterday. The company hopes to complete this deal but they really need the IPO cash from their 1.2 mil shares of Kaire International. Now we are all thinking $6.00 per share for the IPO but, that may be optimistic with markets down. Even if they get $3.00 per share that will clean up the balance sheet and provide financing for a % ownership in Potomac or other business.
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