Pacel Corp (PCOR)

[ALchemistic]

PCOR: Prxy; Shr Increase; State of Incorporation; Directors

Monday , December 27, 2004 11:36 ET

Pacel Corporation (OTCBB: PCOR) in a DEF 14C filed today, reported that the Company intends to take the following action pursuant to the written consent of a majority of stockholders of the Company:

1. Increase the authorized capital stock from 2B to 10B shares of common stock;

2. The change of the Company's state of incorporation from Virginia to Nevada;

3. The approval of the Employment Agreement of David Calkins;

4. The election of Gary Musselman; Joseph Amato; and Thorn Auchter as directors.