KAFE (Country Star Restaurants) Message Board

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Microcap & Penny Stocks : KAFE (Country Star Restaurants)

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To: Stephen D. French who wrote (12)	1/21/1997 12:17:00 AM
From: wfrazee	of 876

Just got through reading the 10Q report. It appears to me there are a lot of warrants fixing to expire if the price doesn't rise. CAFE would love to have the income from selling those shares so wouldn't it make sense for someone to push up the price??? The perferred can be converted at a bargan starting in February and that's bad news for CAFE. The more shares that are issued, the fewer they have to raise even more capital. I think CAFE will go to $2 in the very near future. As I see it, the insider's can't afford it not to. My biggest question is why Wisdom Tree Inc (own's more than 10%) recently sold several thousand shares between .53 and .83...

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