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Microcap & Penny Stocks : ProNetLink..(PNLK)
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To: ThePro who wrote (5381)5/20/1998 2:27:00 PM
From: ztect   of 8242
 
The Pro:

Here is some info from PNL's (ProNetLink's) 15c2-11, Information Statement dated 4-30-98.......

Which explains the merger as follow:

(3) The State of Incorporation:

"The Company was organized under the laws of the State of Delaware in July, 1997. The company merged into Prevention Productions, Ltd., a public company in September, 1997....."incorporated in the State of Nevada on March 1, 1995....."

Also, regarding mergers instead of IPO's check this link out for some general news on these trends in technology industries

washingtonpost.com

If this doesn't link you, go to news.com
and connect to the story "Mergers Outpace IPO's"

I may repost this article later if no one acknowledges seeing it.

Hope the above info helps explain part of my prior post.

ztect
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