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

To: slotman who wrote (2419)	5/21/1998 7:38:00 PM
From: Gilbert Drapeau	Read Replies (2) \| Respond to of 4783

To anyone: A simple question: What means the expression " no brainer" stock? Gil.

To: slotman who wrote (2419)	5/21/1998 8:11:00 PM
From: Jim B	Read Replies (1) \| Respond to of 4783

TO ALL:: Just got off the phone w/ ICC and Tom Bostic there. things continue to look positive on this one... with few negatives.. I'll post both my thought processes.. negative first I guess 1) company led me a few weeks ago to believe 18million shares total outstanding yet the IR firm told me that their initial findings are about 35million out.. (however, even 35million is not bad) :: just wish we could get REAL confirmation on this) 2) we've not gotten an update on the 2 financing deals that PKGP was trying to put together... we've not heard that they did or didn't get it... but it's still a concern as they MUST get this. Okay now the positive or more neutal info. 1) ICC says they've heard nothing that would indicate that PKGP has lost or will not be able to obtain the financing... they couldn't comment exactly to me if PKGP "has" or "has not" gotten it. 2) ICC is a true INVESTOR RELATIONS firm.. They are NOT a Promotional firm... this is very good. They will NOT be talking AT ALL about press releases before they happen. They said they won't even give hints or references. They are tight lipped. This is how it should be really. I hate it when a company says we'll do this this and this and then there are nothing but delays. 3) ICC will be handling ALL investor concerns and questions as well as ALL press releases. All questions directed to PKGP about anything to do with investor type things... will be re-directed to ICC. 4) ICC's people are mostly previous brokers. Tom Bostic was a broker at A.G Edwards. They are also VERY selective about which companies they decide to work with. Tom said that several companies get passed up. They are strict about their DD on a company and won't work with them unless they like the "fundamentals". This is great as we all know it's the fundamentals that have to drive this one. The short position is just a plus. 5) ICC has gotten a TREMENDOUS amount of calls regarding PKGP. They usually don't have this much interest in a stock until 30 to 45 days AFTER they've picked up a company. This is only the 3rd day thus far. 6) Quarterly Q reports for PKGP are still planned to be due out in June. This is not confidential or secret. The are public filings so they can discuss this (at least the timeline anyway). 7) ICC works primarily with penny stocks and brokers. They work to get the "fundamentals" in front of the brokers hoping that the brokers will like what they see. So alot of this depends on the company doing its job and not the IR firm trying to sell someone on PKGP. PKGP does its business at hand... the fundamentals look better.. then ICC shows the fundamentals to the brokers and the brokers get the word out to their investors. Anyway, that's how it's supposed to work. 8) Very pleased with the decline in volume. THis could mean one of two things: MM's are needing less shares as they cover each day (which wouldn't be a good thing for our efforts against our short sqeeze) OR.. the LONG term investors here are drying the float up and there are less shares to play with. Plus the daytraders are moving on. Even IF, the MM's have been covering. And even IF there are 35million shares outstanding.. and we know the company holds a pretty decent portion of that... along with the shares that we as a group own (and my numbers obviously no longer are accurate but we've got to still have a bunch)... the shorts imo WONT get more than half of what they need to cover UNLESS we all panic and sell. 9) THe CEO of ICC is supposedly going to call me tonight or tomorrow so that I can further obtain any more info on PKGP and ICC's involvement with them so I look forward to that. Hope this helps... and again I want to reitterate that ICC says it would NOT have taken the relationship with PKGP unless they truly believed in PKGP's fundamentals and its future growth potential to add to those fundamentals. Sure hope they can get the financing they need and let us know.. cuz once they get that... well, we'll all be VERY happy imo.. and if not, there's always the hope for a short squeeze... come on RA.. get that money you need to get those deals. I do know that RA wants the financing.. he will NOT do anything stupid again regarding the shares issue. He has always told me that he's learned his lesson. Time will tell. Hope this helps and YES I still have my holdings in PKGP. jim