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Microcap & Penny Stocks : KAFE (Country Star Restaurants)

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To: ChrisJP who wrote (495)12/29/1997 8:54:00 PM
From: FawnVu  Read Replies (3) of 876
 
Hello everyone,

Just got off the phone with Jenifer Singleton Ext.109 at CAFE. She could not give too much details but she said CAFE had finally reached an agreement with landlord and will continue to operate Las Vegas Restaurant, with more details about this on tomorrow's news release. Appearently, the 2 acres that CAFE is sitting on worths lots of money and landlord has been trying to kick Country Star out of the 18 years lease. This mess is the main theme of what's happening in the last month and everyone has been hush-hush about it.

She apologized for not answering questions from faxes. CAFE still don't have IR/PR yet because to get a good one cost money and they are trying minimize all expenses, not that it is not important, just not economical at the moment, I guess. That's all I can get from her, which is not much. Hope this tidbit of info help y'all in making your decision tomorrow morning. Good luck all!

BstRgds,

FAWN
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