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Re: EdF post# 259

Saturday, 05/07/2005 12:10:08 AM

Saturday, May 07, 2005 12:10:08 AM

Post# of 405
Wow. That's 200 MM more than what I heard from a good source only last week. Your O/S number is consistent with the dumping we saw these past days. I wonder how many of those 456 MM are free-trading vs. restricted? If your number is correct, PKG is perilously close to the A/S wall. Then PKG board would have to enact an increase in A/S, in order to sell more shares. Company is now worth ~$182,000 (market capitalization).

Not a pretty sight, but if they can launch the Violet Nine with more than modest success, we'd have a fighting chance. Until then, "stuck" may be the operative word.

My opinions only.

ninjaturtle






These are my opinions and sentiments only. Take them for what they're worth. Do your DD. Buying stocks is risky!

"If we could sell our experiences for what they cost us, we'd all be millionaires." -Abigail van Buren (a/k/a Dear Abby)

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