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Gold/Mining/Energy : Pallet Pallet Inc.
PPAL 60.100.0%Nov 7 9:30 AM EST

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To: Quick Bucks who wrote (117)3/4/1997 7:07:00 PM
From: Robert van Mil   of 451
 
Quick Bucks, this is the public offering they have been talking about isn't it? There is no dillution other then that which was allready promised, and which the market has been aware of for months now. Or am I missing something. The dillution should bring the total number of shares to about 65Million I think, but please if I am wrong in my assumptions let me know. The way I understand it this should clear the way for the bank to approve the new line of credit promised and put a serious dent into one of their biggest problems, the fact that they have some very expensive debt. Should be on to better times from then on, I would hope,
Robert
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