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Microcap & Penny Stocks : Kaire Holdings - $0.50 stock- $3 to $4 Book Value
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To: Lee Walsh who wrote (78)7/27/1998 1:41:00 AM
From: Stephen Goldfarb   of 1640
 
Lee: My understanding is that Kaire Holdings (KAHI), formerly IMT, is a minority holder of Kaire International, the multi-level marketing company. KAHI is in some kind of deal, as of last report unconsumated, to acquire a greater interest in Kaire International. My information is spotty. I don't have clear details. I can only assume that the same names for the holding company and the multi-level marketing company was a marketing decision. Perhaps it was an indication of the intention of Kaire Holdings to acquire, in time, the majority interest in Kaire International.

I also would like to know how many shares are now outstanding, and an interpretation of the company's financial picture. The holding company has a web site. So does the multi-level marketer. The holding company web site is imt-ltd.com.

Any clarification, correction, confirmation, or elaboration welcome.

Steve
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