I received the same email that many did who signed up with ICC to be sent news alerts as soon as they are released.
It reads:
Investor Communications Co." <InvestorInfo@mediagang.com> To: Interested Investor:;
PACKAGING PLUS SERVICES (PKGP) PAYS OFF $4,300,000 CONVERTIBLE DEBENTURES
Plainview, NY, June 23, 1998 Packaging Plus Services, Inc. (OTC BB:PKGP) announced today that the convertible debentures issued through Select Capital have been completely retired.
"The overhang of the convertible debentures has finally been paid and fully satisfied", said Richard A. Altomare, CEO of PKGP.
PKGP owns and operates several subsidiaries in the packaging and shipping businesses including THE ASSOCIATION OF PACKAGERS AND CARRIERS (APAC), 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 corrugated container manufacturing, advertising and other support services for APAC.
For Further Information, Please Contact: INVESTOR COMMUNICATIONS COMPANY
Washington, D.C. (888) 702-7695
iccinfo.com
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S~ PS... Also received the $10mil financing package news release as well.
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