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

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To: Michael Graham who wrote (280)9/16/1998 12:47:00 AM
From: Bird  Read Replies (1) of 1640
 
As of 04/98:
Message 4014236
>There are approx. $4.5 million shares out and 3.0 million in the float.

As of 08/98:
Message 5531877
>Shares outstanding: 11,400,000 (approx)*
>Shares restricted: 2,600,000 (approx.)*
>Float: 8,800,000 (approx.)*


Are these $6.9 million new shares being put into the float?
Is "Potomac" selling; and what of the "department conversion" shares?
That's a potential average of 86,250 NEW shares being sold into
the market each of those 80 trading days (if unrestricted);
30% of the average total daily volume of 320,700 shares.
If I wanted to make money, I would generate 86,250 shares
a day and sell gradually.
Who on this thread is part of the "Potomac acquisition"?

Bird (finding a baby boomer snake oil market)

P.S.
>pharmaceutical drugs in human blood flow, to food supplements, anti-oxidants, >vitamins, weight management, antiaging, stress reduction and personal care >products to the receptive growing world wide baby boomer market.

Sounds like a list of new-age catch phrases for hypochondriacs.


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