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Microcap & Penny Stocks : ProNetLink..(PNLK)

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To: WVMayor who wrote (6145)5/28/1998 12:26:00 AM
From: srvhap  Read Replies (2) of 8242
 
MR. BIGGS writes :
"Mr. Collardeau buys 4mm shares for .0001 per share!!

"Mr. Collardeau purchased four million shares of the company in August 1997 for
$400, or one-hundredth of a cent each." from prior WSJ article

Wow, what a deal!! eh Z-tic??"

And you respond:

<<This is no surprise. Very typical for the president and other officers to own a large piece
of stock in the company before any kind of offering. Gives him a hefty incentive to make
this thing work, eh?>>

Come on 4mm shares for $ 400. I throw more than that away on lunch during a month. Are you really gonna try and say that this is an incentive to help the Investors in this company that paid 30,000 thousand times as much if they bought at today's prices?
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