SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Kaire Holdings - $0.50 stock- $3 to $4 Book Value
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JP390 who wrote (235)8/17/1998 8:07:00 AM
From: Stephen Goldfarb  Read Replies (1) of 1640
 
John: To the best of my knowledge, the fate and prospects of KAHI is presently dependent on that of Kaire International. This viewpoint comes from comments made by KAHI management. There may be other views and interpretations, of course.

The independent auditors for Kaire International, in their report of 5/1/98 (referring to the consolidated statements of 12/31/97) indicated there was "substantial doubt" about the ability of the company to continue as a growing concern. There is large indebtedness, negative working capital, and a recent history of diminishing sales and earnings. There is a history of borrowing to keep the company afloat. That is why Kaire International is considered a "turnaround" situation.

Management has gone to significant effort to improve the company's balance sheet. The IPO is a part of the plan to pay off debt, to raise working capital, and to expand into other markets. See the I.P.O prospectus. The company expects to make a profit this year.. If the turnaround is successful, then KAHI will benefit significantly. KAHI may warrant investment, depending on one's view. It must still be considered a speculative investment.

Steve
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News