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Microcap & Penny Stocks : PKGP (Packaging Plus)
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To: anthony karpati who wrote (2502)5/24/1998 12:16:00 PM
From: John S. Baker   of 4783
 
> I want to clearly point out that I DON'T KNOW WHAT TYPE OF FINANCING PKGP IS DOING OR PLANNING TO DO, but this is one they would want to stay away from. <


I presume you are aware that it is precisely this type of financing which PKGP engaged in during its last round of financing ... and reaching a final resolution to the floorless convertibles problem is a critical element in PKGP's turnaround, IMHO.


There is a Web site devoted to such issues: dusty.physics.uiowa.edu


and a SI thread which frequently addresses them:


Message 4572525
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