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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: Cheesehead who wrote (1152)12/24/1998 1:34:00 PM
From: zonkie  Read Replies (1) | Respond to of 1640
 
Can you post a copy of the fax that you mention?

z.........



To: Cheesehead who wrote (1152)12/25/1998 3:07:00 PM
From: Stephen Goldfarb  Read Replies (1) | Respond to of 1640
 
Kaire Holdings (KAHI) can be characterized as a company of missed opportunities. Initially, they sought to acquire Kaire International. That broke down. They were ultimately left with 23% of the stock of Kaire International. They subsequently tried to acquire a portion of a Singapore company, Potomac Chemicals. That broke down. They were then holding out for the Kaire International IPO. That has apparently broken down due to the acquisition of Kaire International by Natural Health Trends. Their holdings in Kaire International are still assumed to be valuable, but the quick play of share appreciation on the IPO is gone. Given the profile of this company, they will retrench and seek alternative investments. It is also possible that, if the acquisition of Kaire International by Natural Health Trends is fruitful, that will increase KAHI's value. In the meantime, their other company, Interactive Medical Technologies, keeps the company bills paid.

So much water has gone under the bridge in the last year. Their web site is seriously outdated and misleading in terms of current realities. They would be well advised to modify it. They could do a better job of keeping contact with shareholders. The web site would be a useful vehicle for that purpose.

Steve