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Microcap & Penny Stocks : PLNI - Game Over

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To: rrm_bcnu who wrote (5924)8/11/2006 8:03:13 PM
From: Jeffrey S. Mitchell  Read Replies (2) of 12518
 
In your scenario, the pps has gone from .003 to .01. Anyone who converted $1000 would be getting back $2000. Yet had someone not converted their .003 cost basis shares, they'd be getting back $3000. If PLNI advances this idea, anyone wishing the price will go up would be foolish to participate. Frankly, I don't think you can state any scenario where it would make sense to convert. If there were, it would have been done in droves by now. It's a sucker's game.

- Jeff
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