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Microcap & Penny Stocks : PLNI - Game Over

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To: im a survivor who wrote (6629)9/9/2006 3:39:11 PM
From: Jeffrey S. Mitchell  Read Replies (2) of 12518
 
If you read the early posts here on this thread, you'll see the vast majority were DD about Turek's MO of acquiring and bankrupting companies by borrowing against their assets. It was predicted long ago that he'd do the same with Pro-Mold, but of course this was shouted down because 1) PLNI was supposed to already be profitable and 2) Pro-Mold was supposed to be accretive. Well, guess what, PLNI was about as far from profitable as can be and Pro-Mold has only caused massive share dilution.

Oh, and as predicted, on 9/1/06 PLNI took out a $600K loan against the assets of Pro-Mold. Kiss Pro-Mold goodbye. And I say this, believe me, with great pity for the hard-working staff over there who won't even know what hit them until it's too late.

What you are seeing now is the end-game. Even many die-hard longs have seen the light. At this point, with a ton of hard facts behind us and predictions fulfilled, it's now simply a matter of credibility. What you are mistaking for personal insults are attempts to assail people who continuing to act as if they have an ounce of credibility left.

- Jeff
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