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Microcap & Penny Stocks : Pacel (PLRP): If NASA likes them, shouldn't we?

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To: Warlock who wrote (2)9/5/1998 3:25:00 PM
From: broke2  Read Replies (1) of 3171
 
After checking out the PLRP website, which is
very good, I was wondering how a company that
is already trading on the OTC:BB can come out as an
IPO after the first of the year. They are already
a fully trading company even though it is BB's.
It was always my impression that an IPO was an
Initial Public Offering, meaning they will start
selling company stock on the specified date for
the first time.
Your help on explaining this seeming contradiction
in this matter would be very helpful.
broke2
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