SI
SI
discoversearch

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 : Pacel (PLRP): If NASA likes them, shouldn't we?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Goinlong who wrote (1496)11/5/1998 11:41:00 PM
From: Warlock  Read Replies (1) of 3171
 
I've been trying to piece the share situation together for the past week. I still don't have any hard numbers, but since the question ahs come up, here goes:

It looks like the float may be 3-3.5 million. . . due to shares issued to the 2 PR firms retained by Pacel. A few may have come from the 504 offering, which was recently terminated.

According to the CEO, no more money isneeded and there will be no need for more shares to be issued.

I'll try to get a better handle on things, and report back at that time.

Patrick
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext