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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: JLP who wrote (106)8/2/1998 3:34:00 PM
From: Hans  Read Replies (2) | Respond to of 1640
 
i'm looking into this stock as well and read that the float is 5 million.
you stated 45 million.
could you please tell me,where you got this number.
thank you,
hans



To: JLP who wrote (106)8/2/1998 11:05:00 PM
From: Michael Graham  Read Replies (2) | Respond to of 1640
 
"There are 60 million shares outstanding with a float of 45 million."

Where did you get these numbers from? The web site states about 3.4 million common as of March 18, 1998. Here's the link:
imt-ltd.com

The 3.4 million would be about right based on the fact that they did a reverse split of 75 to 1 in February with about 250 million shares outstanding (250/75 = 3.33). They could have issued some new shares since then, but not 50 million.

OK, I just found out where you got this info:
imt-ltd.com

That information is 11 months old. You should read all the other information on the web site to get up to date (well as of 4 months ago anyway).

If you call the company, please post the info you find out on this thread.

Thanks

Mike