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To: txlenchs who wrote (39819)4/2/2001 11:47:49 AM
From: kaseyMIT  Read Replies (1) | Respond to of 40688
 
Glenn was in chat room. His words:

I want to come in and say thank you to all of you who have supported the efforts of Pronetlink. As I stated at the Shareholder Meeting, we needed funding in order to continue the development of the MTL transaction module. I would also like to thank the great team of PNL for pulling together and showing the VC's that what has been built here is on track and what is planned is right for the global trade market.

I would also like to thank the company's CEO for putting his own money where his idea is and funding the company through this period. PNL now has the potential to grow which is much better than many companies who have been forced to close leaving their shareholders with absolutely no way of recouping their investment.

Stephan and the tech team have been patiently building and working with Key Commerce during this funding drive. They are ready to move on again and continue the development of PNL's patent pending MTL system.

Finally I would like to thank Dave Walker for showing the reasons why we made him the COO of the company. He has been tireless during the last 6 months. Reaching the level of funding in this market is a major success and Dave has been critical to that success.

As always, please feel free to contact the PNL office if you have any questions.

(regarding progress of MTL)
Dave will be heading up development with Stephan. I will let them release info as it becomes available.

(regarding to bashing)
Look at MarchFirst room...here is a company that has gone out of business and lost a huge amount of money and the investors are more pleasant then them in our room. GO figure.

(regarding funding)
That is first round; there will be full details in the 8K.

(regarding PNLTV)
PNLTV is being sold and PNL will retain an equity position in the projects. Money in with no money out...I like that.

Thanks again for your aupport. I am back to work.
Email if you have any more questions.
info@pronetlink.com