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Non-Tech : Havana Republic (HVAR)

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To: bob allison who wrote (451)3/16/1999 11:23:00 PM
From: David Fiorito  Read Replies (2) of 686
 
Bob, I enjoy your posts. Forgive me if I am asking dumb questions as the answers may be in the 10Q but here they go: Can HVAR serve alcohol in these Cigar Clubs? The cost for building these clubs seems large so I hope they do more than just smoke there. Have you been to one of their cigar clubs yet? i would love to know what they are like.

It seems to me that these cigar clubs could be a bust, but the company could still do great selling cigars over the net. I'm sure we are all familiar with ININ. ININ has > 700 million shares outstanding (more than heavily diluted) and the stock goes from .02 to .09 cents per share simply because they announced that they were selling cigars online. The price increase may not sound like much but the resulting market cap went from $14 to $63 million on a stock that is essentially worthless due to dilution and no profits on hardly a trickle of sales. Over 30 million shares traded on several days alone... HVAR has only a fraction of the # of shares outstanding, is fully reporting, has a plan....am I missing something here? My guess is that they will indeed begin to sell cigars online as soon once they receive regular shipments of cigars and can prove that they can run their current business of supplying cigars to their clubs. This may take a short while. When I saw the crazy trading action on ININ I can only imagine what would happen to HVAR. Your comments are welcomed.
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