PKGP (Packaging Plus) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : PKGP (Packaging Plus)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Chris Holdsworth who wrote (4333)	6/27/1998 7:29:00 PM
From: TraderGreg	Read Replies (1) of 4783

Chris--I agree with everything you said except for one. Believe it or not, a Board of Directors can vote a reverse split without shareholder approval. Shareholders can demand a proxy vote to "can" the board and put their own people on who would, presumably, vote down a reverse. As I stated earlier, there can't be 100,000,000 PKGP issued shares without an SEC filing to register those extra shares and plus a vote to increase the authorized to 100,000,000 shares. If there are that many out(which I honestly don't think) then they would have to be naked shorts. TG

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next