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

To: Coolbreeze who wrote (4087)	6/24/1998 3:47:00 AM
From: MoneyMade	Read Replies (1) \| Respond to of 4783

To all: BNEZD has the same problem...however, look how it's being played To: edde (996 ) From: ELIO MADAMA Friday, Jun 19 1998 6:44PM ET Reply # of 1057 Edde, you are right 100% and that's why THE REVERSE SPLIT. The higher the dividend the higher the shorts have to pay. If the company try to pay a dividend, let say 0.50 on 20.000.000 shares, that's will be impossible because will be $ 10.000.000. Now, by doing a reverse split (12x1) now you only have to pay $ 1.000.000 if you want to give a dividend of 0.50. Now let figure out the company wants to even make more painfully for the MARKET MAKERS and give $ 1.00 as a dividend. with a float of only 2.000.000 shares will cost BNEZD $ 2.000.000. MARKETS MAKERS: a) pay the dividend themselves (those who short the stocks) or b) Run to the open market and start to buy back all the shares (maybe millions) to cover the shorts. Then the price will fly. This is only my personal opinion on WHY THE REVERSE SPLIT. MANAGEMENT GOT TIRED OF MM MANIPULATION. It's sound like a James Bond movie, or make any sense? Come on guys, comments are welcome...!!!!! :} Elio

To: Coolbreeze who wrote (4087)	6/24/1998 4:40:00 AM
From: lakers17	Read Replies (1) \| Respond to of 4783

Coolbreeze............... I appreciate your efforts but an initial release is not proof. Till we get more firm details I still can't believe any private investors would agree to those terms. I wouldn't. PKGP was in desparate need of capital. Why would an investment group agree to hold off till PKGP reaches $2.50 to break even from a present price of .07? I'll wait for further details. I do appreciate your efforts. Today, will be very interesting. The pump and dumpers are back. Lakers