PLNI - Game Over Message Board

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Microcap & Penny Stocks : PLNI - Game Over

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To: Jeffrey S. Mitchell who wrote (4419)	5/22/2006 10:38:53 AM
From: rrm_bcnu	Read Replies (1) of 12518

Jeff... the way I read this document the $2,139,122 in loans commenced in 1989 and apparently continued through 2001. Thus interest rate terms of the loans were set years before any loan terms or issuance of preferred stock in 2005. Further, it says that the 7.3B common shares, if issued, would be restriced. I still cannot leap here and say that Turek "gave shares to LexReal." Just saying that the loan money in exchange for preferred shares were accomplished through LexReal still doesn't tell me where the loan money came from. rrm

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