All fans of..........Part 5
RE: What Glenn & Dave could and couldn't say
Glenn and Dave were very particular about what they told me because they were very concerned about abiding by any and all SEC regulations.
Consequently, they could talk in broad strokes and infer about many issues and items, but they couldn't appear to tell me anything that they'd have to release in a news release to all share holders.
Glenn noted how he will not respond to any particular share holder more than once a week even though he's received nearly 5 pieces of email a day from one particular "share holder".
In response to this particular share holder, Glenn response was a very short statement that this particular shareholder should "get a life".
Consequently many questions I received and asked about Dave's compensation and financial information they couldn't be disclose to me without "talking to their lawyers".
When I asked if I could tape record the conversation, they basically said if I did, they couldn't be as forthright with their conversation and would need their whole entourage of lawyers present.
So needless to say I put my tape recorder away
RE: Availability of Financial per 12/12/98
Why aren't financials available yet?
Basically from what I could ascertain, the financials aren't available for two reasons.
1. As a BB company, these statements don't have to be.
2. The financials, at this specific point in time, don't reflect well on the company and the potential of the company.
Consequently, IMO the financials will be released in conjunction with significant events that demonstrate the strength of the company's business plan and the significance of the company's alliances.
Now why are the financials not what they should be? Why are memberships lagging?
There is a one word response to this question which I stated in prior posts.....
PROXICOM
Proxicom's non-performance severely altered the timing and schedule of events (especially marketing) related to PNL's business plan.
Like I said before V1.0 & V2.0 weren't what they were suppose to be .
Re: Competition…
According to the infamous Stock Detective report, PNL purportedly has a lot of competition. However, as is sometimes the case with the Stock Defective's detective work, this is misinformation.
According to Glenn & Dave, there currently are NO other websites that deal with trade GLOBALLY.
Matter of fact, PNL is helping to educate other parts of the world, who are currently less internet savvy, on the potential of internet and how it will help them increase their business domestically and internationally.
Now I personally visit the Version 2.0 site and "look for signs of life". The first place I look is the classifieds. Though I have never been overwhelmed by the quantity of classifieds listed (never more than 3 or 4 at any one time), I have been intrigued by who and where from companies have been listing.
Here are three current classifieds. Please pay particular attention as to the three countries from which MEMBERS came and placed adds.
shams al khaleej llc
Contact Name: Anouchka Mellin, Managing Director
Business Category:
Products/Services:
petroleum products
supplies to refineries
electro-mechanical parts
food items
Address: pobox 47734
Abu Dhabi, xx xx
UNITED ARAB EMIRATES
Phone: 2393906
Fax: 971 2323208
Email: aismellin1@hotmail.com
Website: http://
Years in Business: 7
Number of Employees: 1-25
Annual Sales: $1 million to $9 million
===================================
G.B.E LTD
Contact Name: boris brodavka, Marketing Director
Business Category: Importer
Products/Services:
gifts and souvenirs
watches and clocks
decorative items
writing instruments
electronics for watches
Address: 106/108 VALDEMARA STR
RIGA, LATVIA LV-1013
Latvia
Phone: 371-9-483647
Fax: 371 7339223
Email: gbe@fasts.com
Website: http://
Years in Business: 92
Number of Employees: 1-25
Annual Sales:
=====================================
CAVAILLE
Contact Name: Cédric FAIVRE, Export Sales Director
Business Category: Exporter
Products/Services:
French wines
Ready-cooked Traditional Recipes
Pasta of many kinds
Cakes, Biscuits and Pies
Jams, Jellies and Honeys
Address: 86, rue des Varennes
BRINDAS, FRANCE
Phone: 6-60-50-43-10
Fax: 33 4-78-45-43-10
Email: faivre@savoie-export.com
Website: savoie-export.com
Years in Business: 49
Number of Employees: 1-25
Annual Sales: $1 million to $9 million
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