To create puppy pet/sfs package from source code

Generally:

[compile]
# cd xyz-<ver>
# ./configure
# make

# new2dir make install
# cd ..

[to create a pet]
# dir2pet xyz-<ver>-<arch>

[to create a sfs]
# mksquashfs xyz-<ver>-<arch> xyz-<ver>-<arch>.sfs -noappend