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Microcap & Penny Stocks : PLNI - Game Over

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To: scion who wrote (8538)10/30/2006 9:22:28 AM
From: shortsinthesand  Read Replies (3) of 12518
 
re: The first element of the project has been awarded in the amount of $150,000 and work is progressing on the first 45 units for a total estimated value of $852,000.

for a company that has a track record of losing over a hundred million dollars in 2004 and 2005 combined I don't quite see how a total sale of an estimated value of $852,000
will plug much of the leak in the PLNI daily negative cash flow.

I could be wrong though...

any thoughts,

shorts
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