Hi everyone:
What did National Customs Brokers and Forwarders Association of America see in PNLK that we (investors) did not see yet? IMHO, it could be "a lot". Perhaps, they had a peek at the subscription numbers that would soon be announced? Perhaps, they saw the work-in-progress of version 3 at RareMedium and were quite impressed? And perhaps, the fact that Unz and Co. was already an alliance made it easier to make the decision to form a strategic alliance with ProNetLink?
Big name or established name attracts other big names and established names. As more big names sign up with PNL, the more prestige and attractive PNL will become. The more I look at it, the more I realized that PNL focused business plan included this simple strategy all along. Let's go back and look at their history:
From day one, PNL worked with Glenn from well-established Zagoren-Zozzora, Inc. to pick the well-established Dun and Bradstreet for their core database. Next, they hired the well-established webmaster Proxicom to program the website. With the experience and background of Jean-Pierre Collardeau and his bold future plan for ProNetLink, the country oldest form compliance company, Unz and Co., were impressed enough to form a strategic alliance with PNL. Not only that, Unz and Co. probably found comfort in the fact that Dun and Bradstreet's database are residing in the same website. Well-established Royal Impressions were the next logical complement to the website. And later on, they changed to another well-established webmaster RareMedium to continue the work. And now, the big name National Customs Brokers and Forwarders Association of America was a new addition to the strategic alliances.
While PNL could use some unknown webmaster to program the website for a cheaper price to save money, they chose to use the best and well-established one instead. This, IMHO, is a very wise and corrected decision in the context of PNL's focused business plan. Being the first import/export webtool in the Internet world has its advantage and PNL is making all the corrected moves so far. And giving enough time, the loyal customer base will grow at the result.
Has anyone ever looked back at early May and analyzed what caused the phenomenal rise in price in so short a time span? Sure, it was the hype; but even hype could only take the price so high if there wasn't any substance behind it. The fact that the hype could carry the price all the way to $8 was, IMHO, due partly to investors subconsciously impressed with the big names that associated with the development of the PNL's website. Nevertheless, these big names are real. Despite the eventual decrease in price due to lack of news and slowness in the completion of version 2, the emerging PNL's focused business plan is still very real and potent. The decrease in stock price will not change the fact that big names still attract other big names.
Eventually, customers will catch on and more big name establishments will sign up as strategic alliances. As noted by E.M Edds in his conversation with Glenn:
"there are other strategic alliances in development, and even today PNLK had discussions with both another export association and with one of the largest companies in the United States"
Therefore, IMHO, it is a matter of time before the other investors begin to see this company called PNLK is for REAL. The foundation of PNL's business plan is getting stronger as more big name establishments sign up as strategic alliance. And once the subscription number is revealed at the end, the blast off of the price is inevitable. For the subscription number will be the one last straw that will ignite the rocket that is already well-prepared for blast-off.
IMHO, while some may be making small profits from daytrading this stock at this ridiculous price range, the day will come when the long-term investors enjoy the ride in the lift-off and the short-term traders/daytraders are left on the ground eating the dust.
Prosperity to ALL!
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