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


To: BC who wrote (3039)6/5/1998 11:04:00 AM
From: Doug Bean  Read Replies (1) | Respond to of 4783
 
BC:
Tell us more
Where, who , What for,,, and the like or let us know where the link to the news is Please
CRDoug



To: BC who wrote (3039)6/5/1998 11:13:00 AM
From: Investor Communications Co  Read Replies (4) | Respond to of 4783
 
PKGP receives 1.2 Million Order

Packaging Plus Services, Inc. Receives $1.2 Million in Purchase Orders Through Its Corrugated Box Subsidiary
PLAINVIEW, NY--(BUSINESS WIRE)--June 5, 1998--Packaging Plus Services, Inc. (OTC BB:PKGP - news) announced that its wholly owned subsidiary, Customized Corrugated Corporation has already received purchase orders totaling $1.2 million from four separate customers.

''This order from outside wholesale customers marks the first flow of revenue to our newly formed subsidiary. I am extremely pleased and excited for future orders, from both APAC members and outside wholesale customers. Customized Corrugated offers a great service to our APAC members by lowering corrugated and transportation costs on smaller special orders'', stated Norm Hollander, Director of Customized Corrugated Corporation.

''This is an impressive beginning for our most recent acquisition and the future looks promising for significant market penetration. Mr. Hollander's 20 years of experience in this industry will prove to be an invaluable asset as this division continues to expand,'' said Richard A. Altomare, Chairman of Packaging Plus Services, Inc.

PKGP owns and operates APAC, the Association of Packagers and Carriers, a nationwide association of independent postal/business service centers. The association provides access to business services and logistically convenient and cost effective delivery of goods worldwide. PKGP's other subsidiaries are engaged in advertising and concierge services.

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Contact:
Investor Communications Company
Washington DC (888) 702-7695
Chicago (800) 550-5165
iccinfo.com

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To: BC who wrote (3039)6/5/1998 11:16:00 AM
From: Jim B  Respond to of 4783
 
that is good news... PKGP is racking up some bonus points..

Jim (continuing to be interested)



To: BC who wrote (3039)6/5/1998 5:05:00 PM
From: John S. Baker  Read Replies (1) | Respond to of 4783
 
Does anybody have a feel for what the margins should be on such products?


Reason I ask is that I spent a fair amount of time in the automobile industry where there always seem to be dealers who "lose a little on each deal but make up for it on the volume."


I know absolutely nothing about the box-manufacturing business, so what I'm looking for is a sense of whether 1.2 million represents a potential profit of $20 or $200 or $2,000.