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.
Non-Tech : Palweb Corp (PAEB) -- Ignore unavailable to you. Want to Upgrade?


To: don denson who wrote (2490)7/22/2000 12:58:16 PM
From: ChrisJP  Read Replies (1) | Respond to of 2512
 
Hi Don,

I sold most of my PAEB (around 15K - 20K shares) back when it was @ .14. I got tired of waiting for them to become fully reporting and all the markets were heading south, so I bailed. I think I have 3,000 shares left, which really aren't worth selling right now.

I saw this in the SEC filing you posted:

On July 13, 2000, Ron Hale, the former Vice President (Engineering), Secretary and Treasurer of PalWeb and the former President of PalWeb's wholly owned subsidiary, Plastic Pallet Production, Inc., resigned from all of his positions within PalWeb and Plastic Pallet Production, Inc.

Is this news to you guys ? Any reason why he resigned ? If you look at a chart, there seems to be a correlation between his departure and the drop in the stock price. Could be coincidental.

So what are your and Dallas's thoughts about PAEB's prospects at this point ?

Thanks,
Chris