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Microcap & Penny Stocks : KAFE (Country Star Restaurants)
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To: ChrisJP who wrote (336)11/13/1997 8:10:00 PM
From: wfrazee  Read Replies (1) of 876
 
Let me guess (I haven't talked to IR so let's see if I'm right:

1. Still losses, probably bigger than last quarter because they have to write down all the LT debt they settled with creditors by issuing stock.
2. Forecast of a brighter future.
3. Announcement of licensing deal or upcoming licensing deal to franchise restraunts.
4. Reverse split will occur to keep NASD from de-listing company and make stock more attractive to bigger range of investors.

Well, that's all I can think of.
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