Tokyo Joe's Cafe / Societe Anonyme Message Board

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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme

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To: Provocateur who wrote (3862)	6/10/1998 2:50:00 PM
From: Due Diligence	of 8798

AAFG: Been watching this one for the dip. Received this EM last week. Passing on the info. Jimbo "AAFG" - All American Food Group I have been following AAFG since before their reverse split when they were trading between .125 - .25 a share. Since the 10/1 reverse split it has been trading between .50 - .75 a share. That would mean that it would have been trading at .05 - .075 before split. So what's wrong with this picture? Well if AAFG has 40 bagel stores in NJ & TX that would mean that each store was worth around $11,000.00 I don't know about you but I'd open bagel stores all day for $11,000.00 each. In other words it can't be done, and to open a decent bagel store is a minimum of $40,000.00 and as high as $100,000.00 AAFG's IPO was only in 07/10/96 and I would still consider them a start up company. With 598,000 shares outstanding and 500,000 shares in the float when people find out about them, look out. Lastly AAFG is very good about putting out news and they seem to be a first rate operation. So please do a little DD and check out their web site, read the news and follow the charts. Have a great weekend. thebagelpage.com hoovers.com biz.yahoo.com

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