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Microcap & Penny Stocks : PLNI - Game Over

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To: yardslave who wrote (11586)10/14/2007 10:36:32 PM
From: Jeffrey S. Mitchell  Read Replies (1) of 12518
 
It's rather humorous (or sad, depending on your perspective) that certain PLNI shareholders are speculating about what new markets PLNI might enter to make money. Helllooo... PLNI is in bankruptcy. It is being run by the office of the US Trustee for the express purpose not of spending money on R&D, seeking alliances, hiring workers, etc., rather, to sell what he can sell in order to pay off creditors. As has been said over and over, there's not nearly enough to pay off the creditors, ergo, the shareholders, at the tail end of the list, get stiffed.

To be blunt: you are no longer a PLNI shareholder, you are a PLNI bagholder. You own worthless pieces of paper, not shares, because a share of zero is zero. There is no more "PLNI should do this" or "PLNI could do that" because PLNI is bankrupt. Look in the mirror and repeat after me: I invested in a scam. I wasn't scammed by message board posters; I am not a victim of naked shorting; there was no outside conspiracy to kill PLNI; rather, I was scammed by the CEO of PLNI, James N. Turek.

- Jeff
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