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To: BrinkRL who wrote (39909)4/7/2001 11:51:26 AM
From: kaseyMIT  Read Replies (1) | Respond to of 40688
 
Posted on the PNLK forum page

By: allzs
Reply To: None

Saturday, 7 Apr 2001 at 10:48 AM EDT
Post # of 6308

Late yesterday afternoon I and another investor had a celebration at PNLK's office with
Dave and Stefan, over financing. We talked for a few hours and although the wine and
whiskey we were drinking did not loosen any tongues to make future predictions,
statements or other SEC violations (well, you can't blame us for trying ), we did see how
lucky PNLK was to find such a high caliber partner as Waveland.

As has been stated before, PNLK was looking for financing with a company providing more
than just money. The terms had to be such that any financer would be a partner vested in
the long term success of PNLK. Other companies have offered PNLK money but on closer
inspection providing poor or short sighted terms.

These people at PNLK are savvy businessmen who have years of experience in
international trade. Their self financing provided them the time and leverage to find a long
term financial partner who understood and appreciated their business plans. Waveland is
such a financial partner.

As I had asked during the SHM, is there ready customer interest for their product when
completed? The answer then as yesterday was a resounding yes. PNLK has been talking
with prospective clients of their MTL™. The intention being the product’s capabilities and
the advantages for generating cash flow for these clients are understood. My own opinion
is this will be very successful for PNLK when completed.

They now have the means to finish the integrated trade transaction ASP. No time frame
given but my opinion is it’s a matter of several months. And no, the word “soon” was NOT
used (they know this means little to investors these days). PNLK knows what needs to be
done and how to do it but because of cost and deadline negotiations on out sourcing some
of the work, no dependable time frame can be given (they wouldn’t tell us anyway).

They have cut their overhead and will be able to keep it low for some time without
sacrificing their business goals. This includes the lease on their office. Even though its on
5th Ave. they had gotten it for less than is currently charged in more modest locations.

I left their office feeling better about PNLK’s future than I expected to. Yes, this is still a
speculative investment, but I would rather have my money in this company than any of the
other B2B’s including the large established ones. It is also my intention to buy more of this
stock since I believe it is worth the risk at these very low prices.

If you feel the need to check up on the statements made here, my name is Craig and
David Walker’s e-mail address is dw@pronetlink.com.