Found this on the alt.invest.penny-stocks newsgroup.
Inside Tip on **PKGP** moneyman85
(26/M/ua) May 14 1998
9:11PM EDT
1. First Press Release will describe Initial $4 million committed by an
Israeli investment firm for the purchase of Skynet and USO (but will not
disclose the names of Companies to be acquired). Additional funding will
follow based on performance of Richard Atomare and management team and
initial acquisition which will be SkyNet.
2. Second Press Release will be as follows:
The acquisition of SkyWorld International Couriers, Inc. (SkyNet), the US
Hub for, and the major link in, the largest independent courier service in
the world, is a major accomplishment for Richard Altomare, Chairman of PKGP.
SkyNet is also affiliated with SkyBox Services Corporation (www.skyusa.com),
a major player (49%) with Mail Boxes Etc. (www.mbe.com) in Global Mail Box
Express, LLC (www.gmbe.com) and is the major player in the "Your US address"
business for South America, Central America and the Caribbean. The
combination of PKGP's division APAC (www.useAPAC.com) and SkyNet
(SkyNetMia.com), with its experienced and talented management team, is a
sure winner and insures rapid and continued appreciation of PKGP shares.
What packaging center would not want to be an APAC member now that it is
affiliated with SkyNet, its worldwide locations, and international contacts
and services. APAC membership should increase rapidly to 5,000 during 1998
and up to 15,000 within the next two years. SkyNet's net income will also
increase materially now that it has obtained needed working capital for
expansion as a result of PKGP's takeover, and the potential to be fed
profitable overseas business from APAC members.
In addition to acquiring a profitable business, PKGP picks up Abert P.
Hernandez and his seasoned international management team. Hernandez started
with nothing and built SkyNet into the 60th fastest growing hispanic
business in the US. He will obviously take over as COO of PKGP and APAC and
add substantial credibility to the new Business Plan.
The next step is for PKGP to get listed on NASDAQ. SkyNet brings the
earnings, but not the asset base. Rumor has it that Altomare has found the
perfect candidate to acquire and reverse merge into. A letter of intent
appears to have already been signed and a closing date will be set shortly.
Additional acquisitions are being searched for by a team of ten law firms.
It appears financing is no longer a problem for PKGP. PKGP could be a big
winner in the penny stock arena.
#. The third release will deal with the acquisition of USO, a NY Stock
exchange company, about to be delisted. With the SkyNet earnings and the USO
asset base, PKGP will qualify for NASDAQ.
We will see $1.00 soon..
Interesting.... |
