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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme

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To: TokyoMex who wrote (5344)6/22/1998 1:42:00 PM
From: Gator  Read Replies (2) of 8798
 
Joe and all, I've got a new one for you: KANA. Volume and price picking up as we speak.

OTC-BB "Kanakaris Communications Inc."

Latest news release (today):
biz.yahoo.com

Research reports:
wallstreetwest.com
thebullandbear.com

Near 52 week low. Currently 11/16 to 7/8 (down from $4 in April). MM's/shorts had their way with it. Just announced a hired gun to handle broker/market relations. Profitable 2 of last 3 years, projecting profit of $0.11 in 1998. 10,000,000 outstanding, 3 million supposedly in float, but was told that only a few hundred thousand of the 3 million are actively traded, the rest it tied up (but unrestricted) in friendly hands. The trading seems to confirm this since the stock has moved up (and down) on light volume.

Joe, you missed my last recommendation (RMGG). Hopefully you'll get in soon enough on this one.

Gator
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