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Microcap & Penny Stocks : KAFE (Country Star Restaurants)

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To: wfrazee who wrote (138)9/25/1997 5:25:00 PM
From: iceburg   of 876
 
The rumor I heard is that they did pay their bills with a Reg-S offering and the price is stuck down here until the 3M shares are cleared out. That should happen fairly soon. I picked up 15,000
today @5/32 in hopes of catching the falling knife by the handle.

We will see how badly I get cut over the next week.

Who cares if it delisted? Like it has any respect now...
A reverse 1-20 would be my guess but those are always a disaster.

Steve
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