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Microcap & Penny Stocks : Kaire Holdings - $0.50 stock- $3 to $4 Book Value -- Ignore unavailable to you. Want to Upgrade?


To: Stephen Goldfarb who wrote (33)5/3/1998 6:12:00 PM
From: GC  Read Replies (2) | Respond to of 1640
 
Steve,

Nice to see some comments pro and con. Been real slow going here but I still think this is a big winner. First, not to be hard on you, but I have to say that I never heard of a large indebtedness overhang. Could you explain exactly what that means. I know they lost money and the only reason Kaire Intl. sold out so cheap to the former company is because they needed cash. Now I wish Bruce Barron of investor relations responded on this board but maybe he doesn't know about it and we need to tell him about it. First of all Kaire is a network marketing company that has PEAK sales a couple of years ago. They were quite profitable but the former owners obviously weren't that savey as corporate business executives. They just had a great product, dream, and guts, and the rest just kinda happened. When sales platoed, they had a plan of action but it was flawed. Now they needed money and Kaire Holdings bought them out. KAHI has now provided at least 1.3 million and more to come. By the way, I was told the the current privates are being done way over the current stock price(80 cents a share). This is quite unusual as typically privates are done at discounts, sometimtes drastic discounts, to current stock price. The new arangements with foreign companies, as well as, the companies new overseas ventures will reinvigorate this company IMO. The fact of the matter is that Natures Bounty, Herbalife, Marketing America, not even gonna mention the big boy, sell at 1 to 2 times sales. After the privates, I expect 89 million outstanding, cash per share fifty cents, book much higher but hard to say exactly until all is done but conservatively over a buck and a half, and a clean balance sheet. Plus this is a great business with management that has proven they can keep the most mundane business going. So now they are in charge of a winner with unlimited upside, they have a real opportunity here and they will execute execute and execute till we are all fat dumb and happy. Seriously, besides all this, Kaire Intl, is planning an IPO at dollars a share. Go on Edgar and find it under company name Kaire International. Once this public offering commences, KAHI is worth basically the same price minus a tiny discount cause of the other mundane interest. Call me Patient and Waiting for the 20 bagger. Hey I can wait 6 to 18 months for that. But now is the time to buy I believe not in a year cause by then I feel this stock will be at least 700 percent higher.

Gary



To: Stephen Goldfarb who wrote (33)5/3/1998 9:05:00 PM
From: Capitalism  Read Replies (1) | Respond to of 1640
 
I would have to say you are correct. Caution is a must. If they can continue the path they are on this could be a winner. The bulk if their losses came before any significant acquisition. The upside I believe far out ways the risk. The following 3-6 months are pivotal for this company.