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Microcap & Penny Stocks : CHKR--insider expects it to double during next year
CHKR 0.480+8.8%Nov 7 9:30 AM EST

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To: joe caetano who wrote (3)9/2/1997 11:58:00 PM
From: Brandt Maxwell   of 111
 
Joe,

The insider works for CKE.

It's interesting to hear the 26% figure (referring to CKE % ownership of CHKR). I'll bet that CKE is quite pleased that CHKR is for now deflated since it can pick up more shares at a bargain (if indeed they eventually plan on taking over CHKR completely).

The higher the amount of CHKR owned by CKE, the faster the run-up could be once CHKR reports a profit, since there will be less shares available given x number of interested investors.

Later...Brandt
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