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


To: Power of 0 who wrote (4384)6/28/1998 2:00:00 AM
From: Qone0  Respond to of 4783
 
Well, I see the naysayers and the doubt touters are out in force.

I find it amazing that the only thing they can find to bash this company with is ICC. And some wild rumor about 100,000,000.. shares out.

ICC post #4096... Is ICC defining its role as PKGP's IR firm. It does not say that ICC is not PKGP's IR firm. It says that investors should not call ICC and ask for Buy, sell rec. from ICC or inside info. And that an investment should not be based on an IR firm.

The 100,000,000.. shares out rumor.. PKGP is a fully reporting SEC company. They do not put out false PR. They do not file false 10q's to the SEC. Read the 10q. Read the PR's.

If we get a hard walk down monday I will add again.



To: Power of 0 who wrote (4384)6/28/1998 10:46:00 AM
From: Coolbreeze  Read Replies (1) | Respond to of 4783
 
I WILL have my finger on the trigger button Monday------

Of course, to BUY MORE SHARES not sell

All of this talk of 100,000,000 shares is nothing but BS. This RUMOR was started on the Yahoo thread by RobertaPhAz in response to me saying that he/she talked to RA and that he(RA) said that the Debenture Holder was paid off with more shares but as the PR states, part of the $4,000,000 was used to payoff(with money not shares) the Debenture Holder as was clarified better in the second PR. I also spoke with ICC on this and was told that there was no way that RA would have stated this to anyone. If RA stated anything, he would have stated that "yes, if we DO NOT get financing, then there could be as many as 95-100 million shares outstanding in order to payoff the Debenture Holder". As you can plainly see, PKGP did get financing, which was used in part to PAYOFF the Debenture in its entirety!!

1. ICC stated early on that they were still in the DD stage and that they weren't sure the exact share tally. However, more recently ICC has stated repeatedly that the share tally is EXACTLY what the last 10Q states.

2. I too spoke with ICC as recently as Wednesday, first, I spoke with Tom Bostic who was too busy and directed me to Barry, who was also very pleasant and helpful. I also was given no indication that ICC was no longer going to represent PKGP (not saying that it is not impossible, just improbable until we see some clarification from ICC or PKGP)

As for me I'm only thinking of increasing my position at this time, and unless something horrific comes from ICC OR PKGP ITSELF, I will not consider selling until I see PKGP's plan further defined (acquisition of Skynet (based on my DD I feel this will happen by July 17th along with 2-3 other PRs (new name, definition of warrants, and possible letter of intent for another acquisition(JMHO))).

Good Luck to All and may PKGP help us ALL to PROSPER!!!!

CB