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Microcap & Penny Stocks : KAFE (Country Star Restaurants)

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To: david m. uhler who wrote (725)4/11/1998 10:17:00 AM
From: Zeev Hed  Read Replies (2) of 876
 
Dasvid, according to Yahoo's profile there are only 6.7 MM shares now and the market valuation of the whole company is less than $2 MM (well I doubt these numbers are correct). An argument can be made that if they survive, now might be a good price to get in. Anyone willing to make such an argument (not I, since in the Feb 25 news release, I just noticed that they issued another floorless, the lower of $13.3 per share or 80% of the trailing last five days bid before conversion, familiar? I wonder if Rubin is the "lender" again.)

Zeev
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