KAFE (Country Star Restaurants) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : KAFE (Country Star Restaurants)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: D LEE who wrote (457)	12/12/1997 3:17:00 PM
From: FawnVu	Read Replies (1) of 876

I think this could be a positive news for CAFE since they can elect to be traded over NASDAQ OTC BB without being delisted to pink sheets. They are the full reporting company but with the current stock price they will not be qualified for NASDAQ Small CAP. CAFE then does not have to exercise the reverse stock split when traded on OTC BB. With the price of 3 cents now, I don't think we should sell it because you are at the bottom. CAFE has good theme and physically good look restaurants; however, the business is not good. There have been rumors in Yahoo board that takeover may happen. I don't know about that but at 3 cents per share with the three restaurants they have CAFE is not a bad candidate for takeover. Well, patience will usually pay off.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next