I like PKGP, currently at .065, has been a $2+ stock in past year. They are changing name and focus, and will be issuing a dividend to current shareholders. News today!!
From: Investor Communications Co
Friday, Jun 5 1998 11:13AM ET
Reply # of 3053
PKGP receives 1.2 Million Order
Packaging Plus Services, Inc. Receives $1.2 Million in Purchase Orders Through Its Corrugated Box Subsidiary
PLAINVIEW, NY--(BUSINESS WIRE)--June 5, 1998--Packaging Plus Services, Inc. (OTC BB:PKGP - news) announced that its wholly owned subsidiary, Customized Corrugated Corporation has already received purchase orders totaling $1.2 million from four separate customers.
''This order from outside wholesale customers marks the first flow of revenue to our newly formed subsidiary. I am extremely pleased and excited for future orders, from both APAC members and outside wholesale customers. Customized Corrugated offers a great service to our APAC members by lowering corrugated and transportation costs
on smaller special orders'', stated Norm Hollander, Director of Customized Corrugated Corporation.
''This is an impressive beginning for our most recent acquisition and the future looks promising for significant market penetration. Mr. Hollander's 20 years of experience in this industry will prove to be an invaluable asset as this division continues to expand,'' said Richard A. Altomare, Chairman of Packaging Plus Services, Inc.
PKGP owns and operates APAC, the Association of Packagers and Carriers, a nationwide association of independent postal/business service centers. The association provides access to business services and logistically convenient and cost effective delivery of goods worldwide. PKGP's other subsidiaries are engaged in advertising and
concierge services.
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