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Microcap & Penny Stocks : AIRP

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To: Barry Kales who wrote (292)9/3/1997 3:48:00 PM
From: Rich Kaiser   of 487
 
Barry, Per your request here are those news releases:

Director to purchase 3,500,000 units

Air Packaging Technologies Inc
APT
Shares issued 30663500
1997-08-20 close $0.29
Thursday Aug 21 1997
Mr Don Farrell reports
The company has reached an agreement with a director to purchase 3,500,000 units at $0.20. Each unit consists of one previously unissued share and a warrant to purchase one additional share over a two year period at a price of $0.20 the first year and $0.23 the second year. No finder's fee will be paid.
======================================================================
August 08, 1997
1,529,777 shares at $0.18

Air Packaging Technologies Inc
APT
Shares issued 30663500
1997-08-18 close $0.30
Wednesday Aug 20 1997
The VSE has accepted for filing a non-brokered private placement of:
No. of shares:
1,529,777
Price:
$0.18
Warrants:
For 1,529,777 shares
Wt exercise price:
$0.18 in year one; $0.21 in year two
Placees:
Farrell Financial (Don Farrell)
=====================================================================

Again, I thank you for your interest in AIR PACKAGING TECHNOLOGIES,Inc.

With Best Regards,

Rich
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