SI
SI
discoversearch

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: Stephen Goldfarb who wrote (1069)12/11/1998 5:42:00 PM
From: David Sirk  Read Replies (1) | Respond to of 1640
 
You got it. KAHI will get 23% of 25% of the NET Profits of the joined companies IF they reach a certain level of profitability. 50% if they Net Over 40 million in profit. This deal in no way offers any much needed cash infusion to KAHI. There is always the possibility of NHCC coming in and buying out the 23% of KAHI. But with what money?
Best case scenario would be that the combined companies would net more than 40 million profit and then KAHI would get a check for 2.3 million and that is in the year 2000. Also I doubt that Kaire International wpi;d still want KAHI to market there products. If you are wondering why the people at Kaire International want this deal it is because members of the Board have been pumping there own money into Kaire International. And guess who gets paid off first.



To: Stephen Goldfarb who wrote (1069)12/12/1998 12:23:00 PM
From: Baldur Fjvlnisson  Read Replies (2) | Respond to of 1640
 
Mr. Goldfarb, what is your opinion on this pending KI deal as KAHI is concerned? What is in this for KAHI you think? NHTCC seems to be acquiring KI's assets, I'm not sure what that means exactly. What about liabilities and KI's stock?
Your input would be appreciated.

Happy returns,

Baldur F.