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Microcap & Penny Stocks : Kaire Holdings - $0.50 stock- $3 to $4 Book Value
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To: Andrew H who wrote (9)4/17/1998 3:35:00 PM
From: Capitalism   of 1640
 
Kaire International did lose money in 1997 but have turned it around and are making money now.

Potamac is 35% owned by Kaire Holdings and should spin off in the next 90 days or I would hope.

Profits for multi level companies are complex I believe Kaire pays out something like 50% back o distributors. The margins are somewhere around 15-25% net.

I believe they are projecting 55-60 million with about 2.5-3.5 million in profits.
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