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Microcap & Penny Stocks : Kaire Holdings - $0.50 stock- $3 to $4 Book Value

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To: Ernest Poe who wrote (128)8/4/1998 1:30:00 PM
From: Capitalism  Read Replies (1) of 1640
 
KAHI owns 1.2 million of Kaire International and is going public in September for $6 a share. This equates to $7.2 million dollars of equity for KAHI. With 8 million shares they have $.90 per share from this alone. This stock should at least trade at $1 a share. Their lab is also profitable and worth probably $0.25 pershare and do not forget Nanjing Potamac this will give them another $million in equity or $1.50 per share. The total book after equating all of this is $2.65.

This is the only news right now. For all of you who have miss quoted the shares out and the float it is as follows

8 million out
5 million float

If anyone comes up with different numbers they are wrong
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