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Hawkeiz

05/06/05 4:10 PM

#260 RE: EdF #259

Sould head north soon IMO I like these squeeze plays

Hawk


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sojourner

05/07/05 12:10 AM

#263 RE: EdF #259

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