KAFE (Country Star Restaurants) Message Board

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Microcap & Penny Stocks : KAFE (Country Star Restaurants)

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To: HLL who wrote (29)	2/16/1997 12:20:00 AM
From: wfrazee	of 876

Looks like the new CEO got a gravey deal. Warrrants to purchase stock at .62, prime +4 percent return on his 4M, convertable option, and he dumped perferred B stock who's convertable option was much less generous. Hopefully all of this stock will be incentive enough to make the board start looking at stockholder's interest. It's frustrating to see them treat the stock like a cash cow. Want to raise more capital, just dilute the stockholder's holdings and bring in more investors. I want to see them make the existing restraunts a success before charging off and spending tens of millions more developing new restraunts. This is going to be a long bumpy ride. Hopefully, the Hollywood and Alanta restraunts are pulling their own by now. Where can I get prime +4?

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