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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: loe4net who wrote (1114)12/15/1998 7:15:00 PM
From: Cheesehead  Read Replies (4) | Respond to of 1640
 
I just spoke with Peter Benz of KAHI.

I first called (310) 312-9652 and was told Mr. Benz could be reached at (650) 340-1074. I called the second number and Peter Benz answered the phone. I explained to him that I was a KAHI shareholder and asked if KAHI had received written confirmation from Kaire International regarding the buy out proposal. He responded by saying " yes, we received something from them yesterday and our attorney is looking it over." He went on to say that it "didn't appear to be a very good deal." I asked if he knew when KAHI might make an announcement to which he responded "I have no way of answering that at this point, it doesn't look like a good deal for us." He didn't have any other comments that he wanted to make.

This is obviously not what we wanted to hear. Benz gave me absolutely no reason to believe KAHI had anything positive on the horizon and in fact appeared to be rather bitter.

Cheese