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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: Selfop who wrote (257)8/18/1998 7:59:00 AM
From: Stephen Goldfarb  Read Replies (1) | Respond to of 1640
 
Here is a list of prospective questions. These may inquire into similar areas already suggested. Use at your discretion. Thank you for this effort.

Prospective questions:

1. What are the terms of the convertible debt?
2. How many shares are presently outstanding?
3. How much debt remains to be converted?
4. If the convertible debt is fully liquidated, how
many shares will then exist?
5. Who are the convertible debt holders?
6. What is the plan of the debt holders?
7. What is the motivation for liquidating debt at present low share price levels?
8. How low is share price expected to go?
9. Are any large scale share purchase plans anticipated?
If so, when are they expected to begin?

10. What is the profit/loss of Kaire International in the 2nd quarter (April-June)? How does present (July-August) performance compare?
11. What effect is competition, including alternate care products sold in retail/discount outlets, having on Kaire International performance?
12. What products does Kaire Int. have that are exclusive, or have limited competition?
13. What percentage of gross sales do these exclusive/limited competition products constitute?
14. Are there any indications of the anticipated acceptance of the planned I.P.O.?
15. How is expansion of K.I. abroad progressing?
16. What effect are Asian economic problems having, or expected to have, on performance of K.I. abroad?

17. What are the future short and long term plans for Kaire Holdings?
18. Are additional near term acquisitions anticipated?
19. If so, how will they be financed?

Steve



To: Selfop who wrote (257)8/18/1998 3:13:00 PM
From: Selfop  Read Replies (1) | Respond to of 1640
 
It just started raining here so I can start posting my findings.The transfer agent directed me to call the company direct. I spoke to Kahi counsel Owen Naccarato at 310-312-9652. This was my second call to him as he had suggested I call Mr Benz at another number. But the transfer agent told me to call Mr Naccarato back. He said there were some conversions in August and double checked his numbers and came up with 10.6 mil outstanding, about 2.6 mil restricted and about 8 mil in the float. Now these figures seem to be lower than what I expected. There was still some conversion to take place about 290,000 in debt. Steven, you had many questions about the debt conversion so you may want to call him and follow through. I had other questions to ask and his time was limited. Will post those other questions soon.