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Microcap & Penny Stocks : Kaire Holdings - $0.50 stock- $3 to $4 Book Value
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To: Capitalism who wrote ()4/17/1998 1:57:00 PM
From: Andrew H  Read Replies (2) of 1640
 
Capitalism, I visited the website and read the posts. I have some questions.

I am not familiar with how profits work in a multi-level marketing organization, but I am under the impression that most are divided among the marketers. While Kaire of Colorado may have had revenues of 35MM in 1997, I am wondering if they showed a profit or loss or what. The revenues alone do not mean much if the company is not making money.

Also I do not understand how Potomac's shareholder equity will add to KAHI's book value. Are they partly owned by KAHI? Thanks in advance for your response. Looks interesting but confusing--cannot believe they did a 75 for 1 reverse. Never heard of one that large.

Any proft projections?
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