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Microcap & Penny Stocks : ProNetLink...PNLK...Click here to enter

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To: Buche' who wrote (17095)	4/24/1999 11:50:00 PM
From: larrison	Read Replies (1) of 40688

Since I'm at the keyboard I'll give it a shot and later a more experienced person give a better explanation. I think a 144 is a form required by insider investors to let the public know that they are going to sell (or purchase) stock. In pnlk's case there was a few insiders who had 144's listed and apparently they sold their shares. The effect of this is to have dilution of the stock and thus downward pressure on the share price. I think there is a time limit to the 144's and if the insiders don't sell then they have to refile a 144. Somebody correct me if I am wrong. Hope this helps. chuck

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