Something is odd here... I have watched PNLK since its inception, and I even invested in it before each of its two web site launch dates, but now I am confused by the following.
How can GZ and PNLK be involved with such high level government agencies and attend so many impressive sounding conferences and after all this time have income of only $163.00 per week. Six hundred and fifty five dollars income per month sounds almost impossible after all this time. Where did all the subscriptions go to? Don't they have any deals with manufacturers who want to be featured as primary sources, or what about advertising income from the web site. Hell, one advertising contract should bring in more than 655 dollars per month. What is going on here?
I almost feel that there is no way this company can be in this bad of shape. I try to stretch my reasoning to think that maybe this is a concerted effort to look bad during this bad market time in order to get the price down in order to conclude a buy out deal or for stock buy back or something, but reason tells me this is probably not the case. Rather, it probably would be good to use the duck rule...you know, if it walks like a duck, looks like a duck......etc... it probably IS a duck.
Anyway, I wanted to buy some PNLK again, but after seeing that income report, I have a hard time believing this stock won't go to 15 cents. Believe me, companies with better earnings and easier business models have done just that lately.
If I am missing something important, I will be anxious to hear about it, but please refrain from using the argument that B2B world wide trade is soon going to explode...etc.
Sober |