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Microcap & Penny Stocks : KAFE (Country Star Restaurants)

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To: Harold Feller who wrote (575)1/22/1998 8:32:00 AM
From: ChrisJP  Read Replies (3) of 876
 
Harold, Fawn, David, lurkers and non-shareholders,

I have not read the 8k, nor would I be able to make any sense of it. This analysis was posted on the Yahoo message board.

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want to see if I understand this correctly...

The Rubin Maneuver
******************
The company owed almost $200,000 in rent. Instead of paying the
money, the company puts the restaruant into bankruptcy to keep the lease as an asset; while spending $200,000 plus some +2.5 million shares of stock to buy a percentage of the group holding the properity. (i.e. He had the cash for the rent, but put it somewhere else!)

He then makes a deal with Mirage, who in the mean time aquires the property, which gives CAFE a much realistic lease and 1.5 million dollars in cash.

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This appears to be kind of what we've been hearing. So the scary part is that the rumors have a basis of truth. Now if we could only get some rumor regarding CONVERSIONS !!!!!!

Chris
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