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Microcap & Penny Stocks : PLFM - Undervalued with great potential

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To: NYBellBoy who wrote (2263)5/10/1998 8:44:00 PM
From: Zeev Hed  Read Replies (1) of 9096
 
Bell boy, you of course may be right, but, I see no signs of actual contracts between PLFM and ADCT, ADCT according to Todd is simply doing a "business plan" for a fee. They have not committed any capital, they did not even sign, to the best of my knowledge a letter of intent to do anything with PLFM but the "for fee" consulting job. You must be careful when people say they talk with these and these companies, it is no justification for assuming something will come out of it. In the last 10 years I had "serious" discussions with the three big automotive companies, I had executed Non Disclosure agreements with some of the biggest Dow Jones Corporations, and even got one of the largest appliances manufacturers to pay a very substantial sum as a "Stand Still Fee" agreement, and I am not even trading over the BB (G). What I am trying to say is that look and see is cheap (it is even better when you get them to pay for "look and see"), let see one of these companies committing $10 MM for the deployment of one system and six months of its operations, then we may have a start.

Zeev
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