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Strategies & Market Trends : The DD Maven -- Ignore unavailable to you. Want to Upgrade?

To: rrm_bcnu who wrote (39)	2/9/2006 10:05:59 PM
From: creede	Read Replies (1) \| Respond to of 736

To: Creede Bighorns who wrote (2963) 2/9/2006 3:49:52 PM From: rrm_bcnu of 3018 Creede.. according to Pinksheets the OS went from 2.0B to 1.8B to 2.3B to 3.7B... The decline from 2.0B to 1.8B was during the time frame mentioned for the 200M share buyback. Was wondering if you saw that as well during the DD. I never draw conclusions until both sides of the story are heard. I have heard the unmoderated board's side, now I want to hear from the company. I feel they will address the issues involved shortly. Then it is decision time. Keep PLNI on your watch list. Since you had a negative cashflow on the first buy, you may still have the opportunity to recoup that loss. rrm Message 22150219 Kinda ironic that I can't reply to you on the thread you posted on, and you can't respond to me via PM. Rick, I know you have seen this from the same PR: "Board has approved the retirement of 200 million shares, the first step in a process designed to decrease the total outstanding shares and increase shareholder value." It's the second part of the phrase that's the real trouble. It states in no uncertain terms that they are going to decrease the outstanding shares. Buying back 200 mil, and then releasing 1,9oo,ooo,ooo is down right dishonest....come on rick, you have to admit that they lied about that. They did that to draw in the money on the pump. I have been through all this with Astrom last year. Just because PLNI and VWKM have real products and staff does not mean that they won't totally distroy the share structure in the process of becoming legit. I'm sure they justify all the selling of shares by thinking that the ends justifies the means...never. GB-ND c