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Microcap & Penny Stocks : KAFE (Country Star Restaurants)
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To: james d. hargrave who wrote (73)6/18/1997 7:16:00 PM
From: HLL   of 876
 
Any news? Anybody call the company? I hope they can get the company back on it's feet.

If they go through with the reverse split it won't help. A reverse split is not good long term strategy. The stock will probably drop right back where it was or maybe even worse. Just look at OVIS. They've experienced the same thing. Two reverse splits and they are a penny stock all over again. The stock holders are the ones left holding the bag.

Good Luck,

Hector
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