Kaire Holdings - $0.50 stock- $3 to $4 Book Value Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Kaire Holdings - $0.50 stock- $3 to $4 Book Value

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Micro-Selector who wrote (90)	7/28/1998 6:31:00 PM
From: Michael Graham	Read Replies (1) of 1640

Regarding your 1). Yes I think your right, that 2 million would actually be only 1 million bought. I read a post on the old NONI thread that said the O/S shares were about 250 million. So a reverse of 75 to 1 would leave 3.3 million outstanding assuming no other stock was issued. Do you know what the price of the stock was when they did the reverse split? I'm not sure, but there was reference to .03/share some time in Feb. What do the think the possibility is that they would do another R/S? Let me clarify this by stating that I HAVE NO IDEA IF THEY WOULD EVEN CONSIDER SUCH A THING. However, I have been burned in the past with a R/S (CVIA 300-1) and I don't want to do that ever again. Personally I can't see why any company would do a R/S since it almost always drops significantly afterwards. I hope to get a better feeling for this stock over the next week or so before buying. Thank you for sharing your opinions. Mike

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next