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Microcap & Penny Stocks : Pacel (PLRP): If NASA likes them, shouldn't we? -- Ignore unavailable to you. Want to Upgrade?


To: Provocateur who wrote (1893)11/24/1998 2:37:00 PM
From: ColleenB  Read Replies (1) | Respond to of 3171
 
Add to that the latest acquisition and the means necessary to finance it

I specifically asked Calkins about this and he told me that the shares were all restricted that were issued for the acquisition.... that they would be restricted for 4 YEARS and prior to that they would be restricted for 1 YEAR waiting for "proof" that the company would generate the revenues it claims to...so, ultimately the shares issued for this one acquisition are restricted for 5 YEARS.



To: Provocateur who wrote (1893)11/24/1998 4:01:00 PM
From: findstock  Read Replies (1) | Respond to of 3171
 
Well 59,000 shares were just sold at .06 it is fairly obvious that at this price "someone" is dumping shares on the market