PLFM - Undervalued with great potential Message Board

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Microcap & Penny Stocks : PLFM - Undervalued with great potential

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To: tony schwarz who wrote (8803)	1/14/2000 5:05:00 PM
From: Mike	Read Replies (1) of 9096

All this talk about an increase in the authorized shares being used to raise cash is unfounded. We have not yet been told how the company intends to use the additional shares. How come no one is speculating that there will be a stock dividend? The company HAS said that it has retained RT Investments to raise cash on a project-by-project basis. We have been told that we're licensed to operate in Brazil. And, we have now been told that we have a "strategic partner" in Brazil. All of this is good stuff, and I'm looking forward to when the next piece of the puzzle is released. As for the market activity, let's face it. Volume has slowed down a little, but the buy/sell ratio is probably still in favor of buys. The wide spread tells me that there are very few market sellers, and when there are some, the bid goes up to grab them. But, the way the MM's seem to be so erratic tells me that it won't be long before the market starts to really take control of this thing. Time will tell. Still long :)

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