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Microcap & Penny Stocks : PLNI - Game Over

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To: John72 who wrote (1689)1/9/2006 11:56:06 AM
From: shortsinthesand  Read Replies (1) of 12518
 
john72,

Currently there is no need to be worried about a reverse split?

Turek recently raised the AS to 5 billion and currently the OS stands around 2,500,000,000 based on my caculations of this companies successful stock selling practices of the past!IMO

So PLNI is not done selling shares to the public yet?

I would guess when the OS count approches the 5 billion mark than you should start to be concerned for a RS to happen.

My guess is that is over a year away?

Unless they do start a buy back of shares like they have stated in the PR's then it may not ever happen?

So currently no need to worry about it.IMO

happy trading

..shorts
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