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Microcap & Penny Stocks : PKGP (Packaging Plus)

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To: sweez who wrote (1359)5/13/1998 8:03:00 PM
From: dexx  Read Replies (1) of 4783
 
Sweez,

Obviously you understand the angst that shareholders feel when Reg. S money is used.

On the bright side, a recent SEC rule change, affecting the maturity of Reg. S debentures, will greatly legitimize the use of Reg. S $$$. As of April 27, 1998, Companies which issue such debentures must put a 1-year restriction on them. This will help eliminate the "fast buck" mentality of investors utilizing such investment instruments.

Dexx
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