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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: JP390 who wrote (188)	8/12/1998 8:38:00 AM
From: Logistics	Read Replies (1) \| Respond to of 1640

KAHI owns 23% of this: Kaire International, Inc. ------------------------------------------------------------------------ 380 Lashley St. Longmont, CO 80501 Phone: 303-682-0110 Fax: 303-682-9094 Web Site: kaireint.com IPO INFORMATION ------------------------------------------------------------------------ Filing date: February 11, 1998 Expected IPO date: TBA Exchange: Nasdaq (SC) Proposed offer price: $6.00 Shares offered (mil.): 1.0 Post-offering shares (mil.): 5.418 Offering amount (mil.): $6.0 Underwriters: May Davis Group, Inc. Kaire International develops and distributes health care supplements and personal care products through its network of independent representatives in Australia, Canada, New Zealand, and the US. Its line of about 50 products include its best-seller, the Maritime Prime antioxidant, and others designed for weight loss, antiaging, and stress reduction. Kaire buys its products from manufacturers and sells them to its 60,000 active salespeople, who, in addition to their retail profits, get commissions for recruiting new sellers. After the planned IPO, Interactive Medical Technologies will reduce its share of the company from 81% to 66%. Key People ------------------------------------------------------------------------ CEO: Robert L. Richards CFO: J. T. Whitworth Key Numbers ------------------------------------------------------------------------ Fiscal Year-End: December 1997 Sales (mil.): $35.7 1-Yr. Sales Change: (30.7%) 1997 Income (mil.): $(5.7) Employees: 75 Additional Sources of Information ------------------------------------------------------------------------ EDGAR Online IPO SEC filings (Real-time)EDGAR Online IPO SEC filings (24-hour delayed)infoSeek Guide Web SearchLatest News from News Alert