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

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To: jwk who wrote (17097)4/25/1999 6:41:00 PM
From: Victor Lazlo  Read Replies (1) of 40688
 
jwk and all-

re the 144 issue, and how much pnlk might be worth now as an ipo, we need to realize that to go through the venture capital route and then to ipo, a lot of control over a co and its direction, vision, strategy, etc., are often lost to the venture folks. Venture capital firms usually get to appoint a board member or two and help call the shots. In some cases they even select the ceo.

So by seeking out venture capital, the usual path to a traditional mainstream IPO with the major brokerage houses, the principles of PNLK might have had to give up 40%, 50% or even more of the equity of the co to others early on.

And if this had occurred, pnlk would be a different co., and I am doubtful that many if any of us would be here and in on the ground floor of such a great opportunity as pnlk stock. Just my opinion.

Victor
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