Kaire Holdings - $0.50 stock- $3 to $4 Book Value Message Board

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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 (36)	5/3/1998 9:50:00 PM
From: Stephen Goldfarb	Read Replies (2) of 1640

Thanks for your comment. According to the company (3rd quarter, 10Q, September 30, 1997), the company showed an accumulated deficit of ($19,215,206). This was exclusive of the Kaire International Inc's acquisition. The company also reported suffering from a high operating cost to revenue ratio. New management was on the way to reducing costs. The company had past litigation. I do not know what the status is of their legal situation. Steve

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