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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: JIN CHUN who wrote (533)	10/8/1998 11:25:00 PM
From: zonkie	Read Replies (1) \| Respond to of 1640

#reply-5892970 They have to sell those 1mm shares first and who is going to pay 6$ for that stock which will still have a negative book value after selling the 1mm shares. Do you think Kaire gets any cash from this? All it looks to me like it does is makes them own 24% of a company that still has a negative book value. If everything is explained to the people that they try to get to pay 6$ for the stock I can't see why they would buy it. Excuse me if I can't answer all your questions but I didn't look much deeper that the stock offering. You should read all of that. zonkie.....

To: JIN CHUN who wrote (533)	10/8/1998 11:40:00 PM
From: Baldur Fjvlnisson	Read Replies (1) \| Respond to of 1640

JIN CHUN, thanks for your earlier post, sorry about not replying earlier, wasn't paying attention to the thread. I haven't seen any recent financial info from KAHI, officially filed, so I think it's dubious to claim on a message thread that they own so and so. Last April, in a press release, they referred to Kaire International as "their subsidiary". It's all rather confusing. Even if they own 24% (actually I think 23% was claimed on the thread earlier) and the IPO is on, who do you think will pay 6 dollars/share? Will you? Those shares would trade on the bulletin board market after the IPO, I think they would tank very quickly. Many happy returns, Baldur F.