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

To: Harry O'Donnell who wrote (4600)	6/29/1998 5:48:00 PM
From: Richard Mazzarella	Read Replies (2) \| Respond to of 4783

Harry, <<REAL bad news fundamentally, right??>> Wrong. 70/1 suggests that there are many more shares of PKGP out there than management told us. Maybe 70+MM? That would have a share count somewhere near 1MM, small unless management expects more dilution now for whatever. We need more details, period.

To: Harry O'Donnell who wrote (4600)	6/29/1998 5:57:00 PM
From: T.R.	Respond to of 4783

Harry, What you say MAY be true..only the next couple of days will tell for sure. That being said I am still very p*ssed off the way this organization has handled a number of things..starting with not getting our information for the stockholders meeting out until the day of the damn thing. That coupled with a 70 for 1 reverse stock split has left a VERY bad taste in my mouth and turned what looked like a nice victory into a disaster. I'm just glad I only accumulated 15k shares at a very nominal price...it may be one of the cheapest lessons I learn. Good luck to anyone who has a buck in this mess. T.R.