I think I might be right with a strong and very high rebound on PCLL because right now the price is ridicules low but I am sure although I have read every filing and that I am missing some crucial information that it should be valuated much higher very soon.
The 1 for 1000 reverse stock split should affect a little more than only ½ a penny.
-Quote-
As part of its change of corporate domicile from Virginia to Nevada, as
described in Section 8 of this Report, the registrant increased its authorized capital stock to 10 billion shares of common stock, par value $0.001. The registrant's authorized preferred stock remained at 5 million shares, par value $0.001. Information regarding the increase in the authorized capital stock was contained in the registrant's definitive Information Statement filed December 27, 2004.
-Unquote-
If my math is correct the company now has 10.000.000 shares correct?
10.000.000 x ½ penny = US$50.000???????
Monday , January 03, 2005 15:07 ET
Pacel Corp (PCOR) announced that it has acquired certain assets of Rossar HR LLC d/b/a YourStaff Solutions(TM), a Pennsylvanian limited liability company. YourStaff Solutions(TM) specializes in quality human resource management services and guidance for small to mid-sized businesses. The company has averaged billings of $11 million over the last four years
Monday , January 03, 2005 15:04 ET
CHARLOTTE, N.C., Jan 3, 2005 (BUSINESS WIRE) --Pacel Corp (OTCBB:PCOR) announces that it has acquired certain assets of Rossar HR LLC d/b/a YourStaff Solutions(TM) (YourStaff Solutions(TM)), a Pennsylvanian limited liability company.
YourStaff Solutions(TM) is a Professional Employment Organization (PEO) founded in 1987 originally as YourStaff Inc. by President and CEO Marcia J. Sartoti. The company specializes in quality human resource management services and guidance for small to mid-sized businesses. The company has averaged billings of $11 million over the last four years, making it an impressive industry leader. YourStaff Solutions(TM) currently services 17 U.S. and International clients which will add a significant number of work site employees to Pacel's already growing employee base. Pacel now has clients in 11 states with annual gross billings in excess of $30 million.
