PKGP (Packaging Plus) Message Board

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Microcap & Penny Stocks : PKGP (Packaging Plus)

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To: KZAP who wrote (4597)	6/29/1998 5:35:00 PM
From: Richard Mazzarella	Read Replies (1) of 4783

KZAP, reverse splits hurt share price only in companies that can't produce income to support valuation. There is a remote possibility that if this press release is real, the company will produce income, who knows. If it does, then the stock price will be based on earnings per share like any legitimate company. However, the tricks this outfit just pulled on shareholders leaves me doubtful. Email the SEC about the fraud just put on the heads of current shareholders.

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