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Microcap & Penny Stocks : ProNetLink...PNLK...Click here to enter -- Ignore unavailable to you. Want to Upgrade?


To: routzm who wrote (35775)6/22/2000 11:56:00 AM
From: Warren A. Wilbur, Jr.  Read Replies (1) | Respond to of 40688
 
Routzm >>if the company consummates what the Board determines to be a significant financing transaction involving either ProNetLink.com and/or PNLTV.com. <<

1. This basically indicates that PNLK is certain they can get the financial partner they are seeking.

2. As per SEC rule they can NOT just flood the market but only sell an amount of around 50k per month (based on current avg. Vol.), this would NOT affect any price movement, period.

Besides, have you seen any other company were the execs & insiders are NOT selling stock ? I have bought Solectron (SLR, NYC )recently and there is a long list of folks selling for different reasons so what ??

3. Assuming they will find a financial partner, do you think this partner would like to watch the value of PNLK stock decline ? Do you think JPC , GZ (who have most of their wealth in PNLK stock) would like to see the price decline ? I think NOT !

In short, the fact PNLK will have financial commitment and support by far will outweigh any 50k (or so) sell by insiders per month, that is IF they sell at all...

Good day !