Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: okee-boy who wrote (861)	12/10/1998 1:55:00 AM
From: sandstuff	Read Replies (1) \| Respond to of 1640

Seems to me Kaire Holdings (KAHI) is selling off Kaire International's assets (a subsidiary) for $$$$. I have no idea how to measure the impact on the stock price. From Kaire Holdings website... >>>At the foundation of the IMT consumer group is the recently acquired subsidiary, KAIRE International, Inc. Founded in 1992, based in Longmont, Colorado, KAIRE has grown to become a leading direct sales company marketing a unique diversified mix of food supplements, anti-oxidants, vitamins, weight managment and personal care products through its growing force of 85,000 core distributors throughout North America, Australia, New Zealand, Trinidad, Korea and the United Kingdom.<<< Here's the press releas again... Natural Health Trends Signs an Agreement to Acquire Kaire International Assets NEW YORK--(BUSINESS WIRE)--Dec. 9, 1998-- Direct Distributor of Natural Health Products; More Than $30 Million in Annual Sales; 60,000 Associates--50 Plus Products Natural Health Trends Corp. (the "Company") (NASDAQ: NHTCC) announced today that it has signed a definitive agreement to acquire all of the assets of Kaire International Inc. (Kaire), a direct developer and distributor of a broad line of natural health products. Kaire, which had $35 million in sales in 1997, and almost $15 million in sales for the first half of 1998 uses a network of over 60,000 active independent associates, each of whom has sold at least $50 of product during 1997, to distribute more than 50 natural health and beauty care products. Kaire's antioxidant line includes (1) Pycnogenol, the breakthrough antioxidant which Kaire introduced to the U.S. in 1992 and now enjoys a world wide market of approximately $250 million, and (2) Enzogenol, the new state of the art antioxidant which Kaire feels will have a significant impact on the market. Other products include: Anti-Aging, Vital Nutrients, Immune Support, Enzymes and Digestion, Herbal Energy Tonic, Aloe Vera Products, Adoptogens, Personal Care and Topical Therapy. The proxy seeking shareholder approval for this transaction was filed with the Securities Exchange Commission on Dec. 7, 1998. Sir Brian Wolfson, Chairman of the Board of Directors of Natural Health Trends Corp., commenting on this development, said, "This is the first in what we feel will be a series of acquisitions targeted to make us one of the leaders in the distribution of natural health products. The Kaire transaction provides us with a strong foothold in network marketing which is one of the fastest growing channels of consumer product distribution. We believe that this acquisition will enable us to become one of the leaders in the $2.6 billion Natural Health products world wide market." Natural Health Trends Corp. develops and markets a variety of all natural health products which are sold in such well known, national drug store chains such as Wal-Mart, Walgreens, Eckerds, Osco, Sav-on, Genovese, Arbor Drug and Long's, as well as in leading health food stores. All of the company's products are proprietary and positioned as alternatives to traditional over-the-counter drugs. This press release contains statements of a forward-looking nature relating to future events. Shareholders are cautioned that such statements are predictions and that actual events or results may differ significantly. This release and prior releases are available on the KCSA Worldwide Website at www.kcsa.com. CONTACT: Natural Health Trends Corp., New York Joe Grace, 212/490-6609 or KCSA Worldwide Joe Mansi/Robert Giordano 212/682-6300 ext. 205/289 KEYWORD: NEW YORK