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Microcap & Penny Stocks : KAFE (Country Star Restaurants) -- Ignore unavailable to you. Want to Upgrade?


To: D LEE who wrote (254)10/24/1997 5:24:00 PM
From: Richard Rose  Read Replies (1) | Respond to of 876
 
For those bored with CAFE, another debenture situation in VLNT (which was VLNTD until recently I think). It's still a NASDAQ smallcap. 6M volume today.

They needed the cash bad to maintain operations into next year - 400,000+ monthly burn rate. This WAS a high flying IPO at one time - 95 I think. Video teleconferencing. Think there was a 1-8 reverse split end of September, but not certain. There is a thread here - but little activity.

Opinions????