PLNI - CAPITAL RESOURCES AND LIQUIDITY
For the six month period ended June 30, 2005, the Company sustained a loss of $3,018,067, or ($0.002) per share (basic and diluted) on revenue of $135,244, as opposed to a loss of $72,614,162, or ($0.087) per share (basic and diluted) on revenue of $0.00 for the six months ended June 30, 2004. The increase is based upon numerous related party transactions as set forth in the Company’s financial statements set forth herein above and the fact that the Company had no revenue producing operations yet still had administrative expenses.
sec.gov |
