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

To: FARcom who wrote (4200)	6/25/1998 11:30:00 AM
From: jack	Read Replies (1) \| Respond to of 4783

I was checking out the Raging Bull thread and saw a link to an old SI post that I believe came from the yahoo thread originally...anyway found it quite interesting given the financing news....so here it is To: FP. (1507 ) From: sedahS Thursday, May 14 1998 10:59PM ET Reply # of 4200 Here is your paste. 1. First Press Release will describe Initial $4 million committed by an Israeli investment firm for the purchase of Skynet and USO (but will not disclose the names of Companies to be acquired). Additional funding will follow based on performance of Richard Atomare and management team and initial acquisition which will be SkyNet. 2. Second Press Release will be as follows: The acquisition of SkyWorld International Couriers, Inc. (SkyNet), the US Hub for, and the major link in, the largest independent courier service in the world, is a major accomplishment for Richard Altomare, Chairman of PKGP. SkyNet is also affiliated with SkyBox Services Corporation (www.skyusa.com), a major player (49%) with Mail Boxes Etc. (www.mbe.com) in Global Mail Box Express, LLC (www.gmbe.com) and is the major player in the "Your US address" business for South America, Central America and the Caribbean. The combination of PKGP's division APAC (www.useAPAC.com) and SkyNet (SkyNetMia.com), with its experienced and talented management team, is a sure winner and insures rapid and continued appreciation of PKGP shares. What packaging center would not want to be an APAC member now that it is affiliated with SkyNet, its worldwide locations, and international contacts and services. APAC membership should increase rapidly to 5,000 during 1998 and up to 15,000 within the next two years. SkyNet's net income will also increase materially now that it has obtained needed working capital for expansion as a result of PKGP's takeover, and the potential to be fed profitable overseas business from APAC members. In addition to acquiring a profitable business, PKGP picks up Abert P. Hernandez and his seasoned international management team. Hernandez started with nothing and built SkyNet into the 60th fastest growing hispanic business in the US. He will obviously take over as COO of PKGP and APAC and add substantial credibility to the new Business Plan. The next step is for PKGP to get listed on NASDAQ. SkyNet brings the earnings, but not the asset base. Rumor has it that Altomare has found the perfect candidate to acquire and reverse merge into. A letter of intent appears to have already been signed and a closing date will be set shortly. Additional acquisitions are being searched for by a team of ten law firms. It appears financing is no longer a problem for PKGP. PKGP could be a big winner in the penny stock arena. #. The third release will deal with the acquisition of USO, a NY Stock exchange company, about to be delisted. With the SkyNet earnings and the USO asset base, PKGP will qualify for NASDAQ. We will see $1.00 soon..