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Microcap & Penny Stocks : Synergy Brands-SYBR (was KRAN)

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To: Khris Vogel who wrote (14)6/10/1996 5:42:00 PM
From: Larry Davis   of 1026
 
TO ALL...CALLED KRANTOR CORP. TODAY
Talked to Mair Faibish, the chief financial officer.
His number is 516-586-7500
asked several questions including...
(1) Are you still experiencing cash flow shortages?
He said, "no, they have increased their line of credit
to $8,000,000.
(2) How is this present quarter looking?
He said, "they would probably have another loss due to
the formation of the new units. This is the last quarter
for the charges." The way I understood it, they moved Island
Frozen & dairy to a closer and more central location. This is
suppose to cut their cost. Part of these charges is because of
this move.
(3) Any 3rd & 4th quarter predictions?
He was very optimistic about the coming 3rd & 4th quarter. He
said that it should be very good. He gave a ballpark indication
but asked not to be quoted. I respect that.

Looks as if starting in July, the company becomes profitable
again. I was impressed with our conversation. If possible,
give him a call and share what you receive. He seems to be
very friendy and does not mind talking.
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