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


To: Egolpi who wrote (3363)6/9/1998 10:01:00 AM
From: GoFish!  Read Replies (1) | Respond to of 4783
 
Egolpi and thread:
Hi! I am a former lurker and small time long holder of PKGP.
John at ICC reports that NONE of the sales of corregated boxes recently reported were made to members of APEC. He said the man running the corregated box division was "opening doors they thought would take a year"

He also said (as has been previously reported here) that the financing was "Not done" but that Richard was "very confident" and that ICC had sources that they could go to as well. I asked if they were thinking about going the convertable debenture route again, and he said he wasn't sure (DID NOT KNOW), but indicated that they would structure them better if so. Looking for some sort of news sometime in next 3 to 5 weeks. Also shooting for NASDAQ within next 12 to 18 months ... if the company comes through. I found him quietly confident and optomistic.
Thanks for all the info, everyone! GoFish!