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

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To: JIN CHUN who wrote (533)10/8/1998 11:25:00 PM
From: zonkie  Read Replies (1) of 1640
 
#reply-5892970

They have to sell those 1mm shares first and who is going to pay 6$ for that stock which will still have a negative book value after selling the 1mm shares.

Do you think Kaire gets any cash from this? All it looks to me like it does is makes them own 24% of a company that still has a negative book value. If everything is explained to the people that they try to get to pay 6$ for the stock I can't see why they would buy it.

Excuse me if I can't answer all your questions but I didn't look much deeper that the stock offering. You should read all of that.

zonkie.....
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