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Microcap & Penny Stocks : KAFE (Country Star Restaurants)
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To: Tim Fierro who wrote (86)6/23/1997 6:28:00 PM
From: HLL   of 876
 
Tim,

I've bought, sold, and bought again. The concept is great. We have Hard Rock cafe, house of blues clubs, All star cafe, Planet Hollywood so why not Country Star Restaurants?

The problem has been management. The old management was in a real hurry and I'm not sure their market feasability studies told them the whole story. They made many mistakes, the worse being poor initial locations. The Las Vegas location is questionable and the Atlanta location hasn't panned out at all. People who like country music are no different than any other americans. They like something they can call their own and there sure are alot of country music fans in America.

If these young executives can get the company's finances under control and implement a plan to open moderately sized restaurants, in upscale southern style areas and/or tourist areas like Disney World that attract country music fans, we might have something worth buying or holding onto.

I hope they change their minds about the reverse split.

best wishes,

Hector
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