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

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To: Chris O'Keefe who wrote (1916)11/25/1998 10:14:00 PM
From: Baldur Fjvlnisson  Read Replies (3) of 3171
 
I've been scanning the thread and there was a recurring question about the details of the financing involved in this deal:

biz.yahoo.com

Didn't find the answer. I hope Garry dug something up about this. And I do hope and pray that some share converting instrument isn't strangling this stock to death.

Check this chart for a floor less convertible debenture death spiral:

bigcharts.com

Notice how the activity (and conversion) increase when the stock has dropped under 10 cents.

Happy Thanksgiving to all.

Baldur F.

P.S. As I was stepping out of my car downtown today I noticed something glitter on the sidewalk. I picked it up and it was an American penny. Not a significant event to those living in the U.S., but the sidewalks aren't exactly littered with those things where I live. The chances of finding one are very very slim.
This will be my lucky penny in dealing with the pennies.
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