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Microcap & Penny Stocks : PKGP (Packaging Plus)

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To: dexx who wrote (1366)5/13/1998 8:19:00 PM
From: Richard Mazzarella  Read Replies (1) of 4783
 
dexx, the 8k suggests that the company is having trouble with the Reg S. So much for checking them out first. Getting funding is very difficult for small start-up companies. Reg S is the path of last resort, but sometime it occurs because it's easy for lazy management, doesn't hurt them, and brokered by others. Floorless Reg S is kind of like the telemarketers collecting for kids going to summer camp. The kids get 1/100 of the returns. Sometimes there is no other funding available short of usury. It will be nice when Reg S is outlawed for all securities.
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