PKGP (Packaging Plus) Message Board

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Microcap & Penny Stocks : PKGP (Packaging Plus)

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To: SnakeCharmer who wrote (2351)	5/20/1998 9:40:00 PM
From: Chris O'Keefe	Read Replies (2) of 4783

Great post, SC. A question on warrants for anyone: What's that all about? Apparently if I own PKGP by a certain cutoff date, I will be given the right to buy x-number of PKGP shares at x-price, right? So, if I may try an example, let's say they gave me a warrant right now, while the stock is around 10-cents. The warrant would be to buy at a higher price, right? Like 20-cents per share. That way, if I hold and the stock goes to 70-cents per share, I make a big profit buying PKGP at 20-cents/share. Am I saying all this correctly or do I not quite get it? If I'm correct so far, I'll have some follow-up questions. Thanks, Chris

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