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Microcap & Penny Stocks : PLCO Internet collectables, childrens toys...etc

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To: David Helms who wrote (198)3/22/1999 9:33:00 PM
From: Wendisman  Read Replies (2) of 1296
 
Got an e-mail alert from Edgar-Online concerning PLCO and their upcoming shareholder's meeting. Looks as though they want to issue more shares. They are also looking to bring in new executive blood.

edgar-online.com

Doesn't seem as though this is a good thing (issuance of shares), but I would appreciate any and all feedback. They have issued shares in the past to resolve debt, and this could be another....
I used to be long on the preferreds, but sold at 1 1/4 in hopes of buying in again at a lower price. Might be a good time? Might slip a bit farther on this news?
Just a novice investor.
Wes
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