To: David Sirk who wrote (2756 ) 1/11/1999 12:06:00 AM From: MoneyMade Read Replies (2) | Respond to of 15987
I also sent one out on NINE,SLEU chump! Not to mention An alert was sent to sell KAHI immediately...after the CEO said "KAHI wouldn't see much on the deal!" At the time it sound like a winner: From: MoneyMade Thursday, Dec 10 1998 11:24AM ET Reply # of 1167 Greater details: Natural Health Trends Signs an Agreement to Acquire Kaire International Assets Direct Distributor of Natural Health Products; More Than $30 Million in Annual Sales; 60,000 Associates--50 Plus Products NEW YORK--(BUSINESS WIRE)--Dec. 9, 1998-- Natural Health Trends Corp. (the ''Company'') (NASDAQ: NHTCC - news) 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 distrib But again, if KAHI's CEO said, the deal was not good...SELL!