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Microcap & Penny Stocks : SHAL -- Ignore unavailable to you. Want to Upgrade?

To: realmoney who wrote (648)	5/11/1999 10:09:00 AM
From: StockDung	Read Replies (1) \| Respond to of 941

here is the part about SHALNot so fast. My My MY -- food for thought about Chasen's: on the heels of announcements from the Sara Hallitex Corp. (OTC BB:SHAL - news) that they are initiating a $10 million equity financing and public launch of the ''World Famous Chasen's Restaurant and Jockey Club'' comes word from the Chasen family and attorneys that they haven't given ''anyone that right.'' Attorney Laura Ben-Porat of Gibson, Dunn & Crutcher tells me they've put the operators of Chasen's on Canon Dr. in breach of agreement and their license agreement to operate the eatery will expire in 30 days. Grady Sanders, who has the license and who runs Chasen's and the Jockey Club says his lawyers would be talking to the family's lawyer. Stay tuned to learn what's cooking. Truthseeker