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Microcap & Penny Stocks : ProNetLink..(PNLK)

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To: Ice Cube who wrote (1071)4/29/1998 2:16:00 PM
From: Kevin G. O'Neill  Read Replies (2) of 8242
 
Ice Cube, I called PNLK...

According to IR manager(?) Taylor Smith(f) (who answered the # posted in this thread), all of the original start-up funds were raised by the principals.

There are no stock options (she wishes there were!) or warrants or special classes of stock, etc., that she is aware of.

33MM+change outstanding; 7,749,000 in the float. Excess of float is held entirely by pricipals. There are no restrictions on their selling shares, to her knowledge.

Are they a reporting company? Not at this moment but they are preparing their 10-K and are moving as quickly as possible.

How did she sound? Very friendly, harried, excited, and helpful. She said she's "pulling her hair out" with all the activity

Can they handle what's coming. "Yes, definitely! Proxicom has an entire floor here..." and they're "excellent," very capable, busy, etc.. (I guess here she means they can meet the technical challenge. Oh well, I meant can they handle the management situation...)

Overall, I expect they're a bit overwhelmed by all the activity, but they seem sincere. Without the reporting requirements, though, this remains a crap shoot; albeit one that continues to profit many.

Ice, I'm with you on your desire for better info, and I suggested they put up some solid info on the web site. She said it is still in beta, but she'll take the suggestion.

I hope this helps some.

ÿÿÿ ÿ ÿ ÿÿ ÿ ÿ -kgo
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