Pacel Corp (PCOR)

[perc]

Pacel Corp Now PCCE.ob
but only for the last couple of weeks

http://tinyurl.com/bbx9s

http://finance.yahoo.com/q?s=PCCE.OB

Q: HOW MANY OTHER REVERSE SPLITS DID THEY HAD LAST YEAR?

WHY IS THIS COMPANY STILL TRADING?

WHY DOES THE SEC NOT SHUT THEM DOWN?

AND THROW ALL THE PRINCIPLES IN JAIL? HUH ??
------------------------------------------------------

Posted by: matrix
In reply to: awakeinthemorning who wrote msg# 68 Date:3/4/2005 12:54:14 PM
Post #69

Pacel is a r/s heavy diluter stock. These types are very dangerous to play.

Stock prices basically move on supply and demand. If there is an endless supply of shares entering the float and extremely low demand, the price will naturally head downward. If these guys would ever stop diluting, the price could recover but they've been doing this same dilute r/s crap for years. So, the best you can ever hope for here is a short bounce before it heads even lower.

You're trying to calculate a marketcap based on a share structure after the last r/s. Of course, that makes the company look very cheap. Now, take into account all the r/s done:

Symbol Split Ratio DatePCOR 1:1000 R/S 02/25/2005PCCL 1:100 R/S 09/13/2004PACC 1:100 R/S 02/25/2004PCEL 1:30 R/S 03/17/2003PLRP 1:100 R/S 04/07/2002PLRPD 1:4 R/S 10/07/1999

1000 x 100 x 100 x 30 x 100 x 4 = 120 billion

One share at .005 today is actually equivalent to 120 billion shares valued at $600M pre-Oct 1999. Ten million today would be equivalent to 1.2 quintillion shares valued at $6 quadrillion. When you account for all those r/s, the company no longer looks cheap at all does it?

-----