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Microcap & Penny Stocks : PLNI - Game Over

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To: yardslave who wrote (5247)7/4/2006 6:03:48 PM
From: VultureBuyer  Read Replies (1) of 12518
 
This is the part I'm sticking around for. With a 75% dilution since I've bought in, it only makes sense to wave pom-poms and hang in if the SEMCO and Pro-Mold business is accretive.

<<Did PLNI really acquire Promold and Semco? There appears to be some doubt about this. No one seems to be able to verify this. As long as there is not verification there should be doubt.>>

But what worries me is the debt renegotiation on the SEMCO deal. It looks like maybe three of the original five stakeholders are getting less than they contracted for. My stock isn't worth even par value if either SEMCO or Pro-Mold sue for rescission.
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