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Microcap & Penny Stocks : PKGP (Packaging Plus) -- Ignore unavailable to you. Want to Upgrade?


To: Sammie who wrote (2355)5/21/1998 8:56:00 AM
From: John S. Baker  Read Replies (1) | Respond to of 4783
 
Recapping for you -- PKGP has discussed issuing a non-cash dividend in the form of warrants . No effective date; no strike/conversion price announced yet, I do believe. This is thought by some to be part of a concentrated effort by PKGP to squeeze out any "naked" shorts in the stock. Think in terms of a squeeze by summer, if it works.