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Microcap & Penny Stocks : ProNetLink..(PNLK)

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To: ilh1 who wrote (1564)	4/30/1998 7:01:00 PM
From: Gerald Underwood	Read Replies (1) of 8242

FWIW, As just one example of needing consultation with an expert for a special problem. You can post a letter of credit on the web site. If PNLK provides assistance with this or does the letter of credit themselves at the request of the user, it would be reasonable to expect that this could result in a value added fee which may result in additional revenue for the PNLK. With some custom brokers, a fee from $100 to $250.00 may be charged for writing up a letter of credit, depending upon the complexity of the terms. For those who are not familiar with letters of credit, these are basically legal contracts delineating all of the terms of the interchange including method and terms of payment, responsibility for freight charges and guarantees of product quality or quantity. You need to have your t's crossed and your i's dotted correctly. If you don't get them right, you are up for grabs with trading partners of unknown integrity. If all of the terms are not fulfilled to the satisfaction of both parties, the banks can be instructed to withhold payment on this basis.

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