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Microcap & Penny Stocks : KAFE (Country Star Restaurants)

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To: James A. Nelson who wrote (632)2/3/1998 7:29:00 PM
From: ChrisJP  Read Replies (2) of 876
 
James,

The 10-Q mentions there are 67m shares outstanding. We have to assume Rubin converted a boatload when the stock hit 1/32 or even 1/64. The linit allowed by the company charter was 100M.So 100M it is. Hey -- .10 aint bad.

Ken, I don't think Fawn was being negative. It doesn't matter what the main office people think. The rank-and-file are often the last to know -- they're too busy working !

Fawn, if COVN buys CAFE, CAFEas a publicly traded entity will cease to exist. We will be offered shares in COVN or money. That's why no need for a reverse split.

It's tough to know why exrubinfan says hang on -- the tender offer price should be cut and dried. Well nothing to do but wait and see. Patience wins again !!!

Regards,
Chris
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