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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: Danny Song who wrote (59630)3/4/1999 11:23:00 AM
From: Tom Latham   of 119973
 
**NAH*** Insiders all own @13******** Price today $2-ish
Add the property values = $185 million
17.4 million share total
4.9 million in float
Takeover target here 9+
Salvage value for them is appx $6.30 per share usuing 60% ratio of value of property to apease 40% debt ratio.(185,000,000 divided by 17.4mill shares less 40% for debt= $6.37
New CEO/CFO is from QHGI (same type Hospital Mgmt Company)
13 dollar insiders should be quick to sell, watch offer(s) QHCI and HRC
AHG had the same problem last OCT and went from 10 to 2.50 and now has been back to $9
ing heavy in this as a rebound here to 5+ is quickly anticipated...... Do your own DD . VOLume is picking up today as people are figuring this one out now...
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