Sorry Flat Earth man...(Off of RB)..
* My relationship w. Tmex, is no more/no less that it
is with you or anyone else on these threads. Actually
we hated each other initially, until we found a
common enemy in A@P. But then me and A@P decided
to have a cease fire asw well. Me and A@P had a feud
for about a half yr. I got booted off SI for three
months after I posted his NASD records. SO think
you shouldn't try to infer anything.
* Your accusations are still a joke. I do not day
trade. I do not even own Level 2. If I did daytrade,
I sure as heck wouldn't 'dt' a stock with diminishing
volume and a narrow price range ie. not enough volatility.
Reading the PNL threads w. their nasty mm's and
nasty "shorters" theories, just shows how
plain silly some of you people are.
* I don't "P & D", though I think many of you regulars do
or at least try to do. I always encourage people to do
their own 'dd' and not rely on any message board poster.
My feelings toward PNL have changed more than once.
I got killed in the first P&D on PNL prior to the
launch of Version 1.0. Lost about 40g's, even
after I was up one point 80g's. Was a painful lesson.
After the jason Anders article, and the Stock Detective
piece, I was not only on the phone with GZ on a
numbers of occassions, I was also on the phone w. Kevin
Licthman at SD, and sent letters to Jason at the WSJ.
* yes Roy, encouraged me to take a look at PNL's
SEC filings. These filings, and I'll use Roy's term, were
"atrocious". Only revenues generated were through
chicanery w. the revenue neutral "barter" line item
included as gross revenue to make the PR's
more attractive. PNL made only $51,000 for
the entire last yr. Salary was all non-cash comp's
ie. options, company was kept afloat through stop
gap PP's and 144 filings. Thus I looked closer at the
model and saw the original model was flawed which
foresight didn't indicate to me. GZ was so adamant
and confident about his ability to get people
to buy memberships that he pulled the proverbial wool
over my eyes. GZ is very compelling.
The P2P or change in revenues streams
now just doesn't impress me. Producing informercials
(aka "fee" for production) and selling them as retrievable
archivals just isn't very compelling nor is PNL-TV imo.
The model is predicated primarily on "volume" and with
any volume model content and placement is diluted by
the infinitely growing number of choices on the "net".
Moreover, companies within sectors ar setting up their
own trading networks, which erodes PNL's potential
user base.
Thus my attitude have changed as it is entitled
to- I don't have a responsibilty to anyone.I make
no such pretense; I am not a financial manager.
I sent GZ my questions and concerns, and hitherto
he's been to busy to respond. I'll give him one more week.
I want written responses. He knows who I am,
I not hiding behind any alias. My correspondence
to him again included my full name and phone number.
maybe GZ can write compelling enough answers
to show me the proverbial light. Maybe he can't.
* Regarding the 10/1 rs, PNL would do the same if
an IB told them that they had to do an r/s to
get investors lined up and prepared to fork over $40mil.
let alone the $125 mil that tsig has the
ability to draw from its IB. GZ said the market climate
precluded and stalled talks w. IB's and VC's,
but within this same environment tsig financing
was arranged first at $40mil, then raised to $125 mil.
Moreover, tsig has been acquiring companies ie.
growing, thus the r/s is just a mathematical exercise and
not an indication of anything negative occurring.
Though you, like so many others, can't make this
distinction due to mass market POP psychology.
Now per these latest PNL 'pp' rumors, it appears that
IB and VC talks aren't proceding any further. If what
was written on these threads is true (ie. pre-diclosure
of non-released material info) then it appears
that PNL is selling preferred shares..
It appears that IB's and VC's are looking beyond
PNL's glitzy website and looking at the P2P
ie. the path to profit and asking the same big question
that I'm asking, namely how is PNL "really" going
to generate enough revenues to offset growing costs
to generate earnings? Per GZ's difficulties in this
"climate", again it "appears" that IB's and VC's are
also getting unsatisfactory answers to the "big" question
I've posed.
* Thus rather then believe or disbelieve or attempt
to discredit me through casting aspersions, maybe you
should ask GZ some tough questions too rather than
waiting for that next run on that next piece of "big"
news to dump your, Roy's, Wilbur's, Allen's and
Pagliacci's shares into.
* Anyway 'nuff said.
Want more thoughts? Reply with more of your nonsense.
Otherwise I'll keep my opinions to myself so when
and if GZ doesn't get back to me, the price will
not have eroded so far as to limit what I get for
my remaining shares. Therefore, I'll have more
remaining to invest in another company with $41 mill
in net revs, 26% growth, float of 4.6 mill shares,
Market Cap comparable to PNL, Nasdaq Listed, and
priced under $10.............
Until then.....
Bye,
z
This is the last one, unless ROY insists,
literally begs me, to offer more of my insights
which he appreciates and insists I share with others |
