KAFE (Country Star Restaurants) Message Board

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Microcap & Penny Stocks : KAFE (Country Star Restaurants)

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To: Harold Feller who wrote (459)	12/12/1997 7:24:00 PM
From: FawnVu	Read Replies (3) of 876

Dear Harold, I think OTC BB is an electronic-trading forum where one can still get up-to-date quotes with bids and asks. Whereas Pink Sheet, the "stock junkyard" which by the way is owned by National Qyotation Bureau has a less automated system that does not show any bid or ask. Thus investors of Pink Sheets stocks would find it more difficult to buy and sell. OTC BB stocks are a little more convenient to trade becuase Nasdaq provides space on its trading workstations for BB stock quoting. Investors in Pink Sheets must, like you have said, have to call in to get most of their infos and trade on phone and pay more commish. Remember EXSO the day it got delisted and a couple of weeks after that it was in the Pink Sheets junkyard with no quotes. After that, EXSO got on OTC BB and that was when we all can see the bid and ask. I was at that time, deep in EXSO too and was shock when it was delisted which I think was an unfortunate thing to happen to that company. I think CAFE will have a little more luck than EXSO since now Nasdaq will plan to move some smallcap stock that no longer qualify down to OTC BB. CAFE if qualify, will not have to suffer the disruption of trading which resulted in price drop like EXSO did. About the reply from CAFE is: I have faxed to them but did not receive any response so far. I think if you fax before Friday, your questions might be brought up during meeting this morning and god knows how long for them to get those answers on hard copy and refax it to you. IMO, it could take at least 2 weeks provide that you fax before Friday. If anyone receive a response from them, please post it on the thread. I will do the same when I get it. Good luck to you Harold and everyone else who still hold CAFE. Have a Happy Holiday, may all your wishes comes true (like CAFE will skyrocket for no reasons ...etc..) Fawn

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