Pacel Corp (PCOR)

[perc]

Q: What did Ryan Schadel ever find out? huh ??

Press Release for December 30, 2005

http://www.prweb.com/releases/2005/12/prweb326813.htm

UPDATE-Shareholder of Pacel Corp. (PCCN) Requests Confirmation of the Number of Outstanding Shares

This is an update to a release on November 26, 2005 "Shareholder of Pacel Corp. (PCCN) Requests Confirmation of the Number of Outstanding Shares."

Atlanta, GA (PRWEB) December 30, 2005 -- As stated in a release dated November 26, 2005, Ryan Schadel, a shareholder of Pacel Corp. (PCCN), sent a letter to the corporate office of Pacel Corp. requesting confirmation of the number of outstanding shares of the company's common stock (Please see release dated 11/26/05).

"I expected some sort of response by now", said Mr. Schadel. "I have left several messages for company management as well but have received no correspondence. It is imperative that shareholders have access to accurate information regarding the company's capital structure. I have been contacted by other shareholders seeking access to this information as well. The company's stock is still trading at volume levels much higher than the number of outstanding shares the company has reported to the SEC. Under the circumstances, the shares are virtually worthless at this point."

Mr. Schadel says he intends to drive to the corporate office of Pacel Corp. to meet with company management if he does not receive the requested information by January.

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{"If the company has only 5 million shares outstanding, it seems impossible that nearly one billion shares could change hands in one day."}

Q: Is Pacel Corp one of many being naked shorted into oblivion?
Or just a R/S scammer?

http://www.prweb.com/releases/2005/11/prweb314807.htm

Shareholder of Pacel Corp. (PCCN) Requests Confirmation of the Number of Outstanding Shares

A shareholder of Pacel Corp. has sent a letter to the company's corporate office requesting information regarding the company's outstanding shares.

Atlanta, GA (PRWEB) November 26, 2005 -- Ryan Schadel, a shareholder of Pacel Corp. (PCCN-OTCBB), has sent a letter to the corporate office of Pacel requesting confirmation on the number of outstanding shares of common stock the company has issued.

A Form 8-k filed with the SEC on October 25, 2005 states that "..the registrant completed a 1 for 1,000 reverses stock split of its issued and outstanding common stock. After the reverse stock split, the registrant will have approximately 4,983,442 shares of common stock issued and outstanding."

The company's common stock, which trades under the symbol PCCN on the OTC, has seen a dramatic increase in volume over the last 4 days. Share volume for Wednesday November 23, 2005 exceeded 900 million shares on the OTC.

"If the company has only 5 million shares outstanding, it seems impossible that nearly one billion shares could change hands in one day." said Mr. Schadel. "It is important that all shareholders get an understanding of what is happening with the trading of the company's stock." Mr. Schadel owns several million shares of the company's common stock.

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