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Microcap & Penny Stocks : PINC - Planet City -- Software and Services
PINC 28.150.0%Nov 7 3:59 PM EST
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To: Pluvia who wrote (888)11/9/1998 12:25:00 PM
From: Jeffrey S. Mitchell  Read Replies (1) of 1754
 
Let's ponder the meaning of "false and misleading". This comes from Westergaard's site:

Aurora, Colorado-based Planet City (OTC-BB: PINC) is marketing a unique, first-of-its-kind software that diagnoses and solves the Y2K problem for personal computers - a market that has gone virtually untapped as programmers and engineers have concentrated on mainframes and server systems.
wbn.com:8080/SilverEdition/Conf1998/Companies/pinc.htm

Subsequent to reading that, Josef Svejk pointed out to Westergaard in #reply-6055432 that the the MBCK was nowhere near unique. In fact, in #reply-6115708 we see there are dozens of competitors. And, even worse, we now know that whatever product rights they obtained are not even exclusive so they have to compete against companies selling the exact same software! #reply-6293171

Later on Westergaard also says: and the company recently announced an initial sales contract for 50,000 units, but fails to mention these sales were to a distributor set up exclusively to market the MBCK and not to an end-user organization.

Here we are, a month later, and Westergaard is still making the same false and misleading claims.

- Jeff
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