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Microcap & Penny Stocks : PLNI - Game Over -- Ignore unavailable to you. Want to Upgrade?


To: Farnzworth who wrote (959)12/19/2005 9:11:45 PM
From: scion  Read Replies (1) | Respond to of 12518
 
One thing that's certain - no CPA is going to stick his professional neck out to value those patents at $20 million for Plasticon, primarily for the reasons you give, but also because the patents do not seem to have been assigned to Plasticon.

It's akin to that huge Xylox deal that never was - because there never was an operating company called Xylox of North America in Traverse City MI manufacturing thermoplastic elastomers made from recycled polymers and crumb rubber.



To: Farnzworth who wrote (959)12/20/2005 8:56:57 AM
From: shortsinthesand  Read Replies (1) | Respond to of 12518
 
Farnzworth ,

Well I don't think I am as good as scionist but I sure have learned a lot about researching from him!

To tell you the truth I don't give a rats behind about the
Patents?

What I am concerned with any company, is its ability to sell products and services for a Profit!

The bottom line.... thats what I want to see? With PLNI we don't know one iota whats going on with sales and that is the real root of this problem.

You can have all the patents in the world but if you can't turn out product and make a profit with them it aint worth a hill of beans.

The stock continues to tank day by day.

happy trading,

shorts