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Microcap & Penny Stocks : PKGP (Packaging Plus)
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To: Dave Gore who wrote (3221)6/7/1998 2:51:00 PM
From: Qone0  Read Replies (2) of 4783
 
Share poll update.... 62 share holders.... 8,068,500..... shares........

I have a few comment's on this poll. I have done some research on taking poll's. I have found this in my research, only 1 in 10 will respond to a poll. This figure is said to be accurate to plus or minus 10%.

Now before you think i slipped and hit my head on a rock. Go to the last 10k date is 6\30\97. There you will see 750 share holders of record. This information is not on 10q's only on 10k's.

So i am going to take our share count and times it by 10= 80,000,000. held.

Now i am going to take the number of shares outstanding and subtract. 36,000,000.

I estimate the naked short position at 44,000,000 plus or minus 10%

Even if the company has issued every share they have authorized we still have a 33,000,000. share naked short that the company has trapped.

Now with that being said I don't care if there is a naked short. The fundamentals of this company will take it to 1.00.

ROB
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