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


To: Jeffrey S. Mitchell who wrote (1747)1/12/2006 3:06:28 AM
From: scion  Respond to of 12518
 
I wonder what Gary Bals thought while watching that happening.

Laser Engineering, which Wicklund acquired, was a real company that did $20M a year. In fact, Laser's client list, found in Wicklund's filings, is quite impressive and IMO very credible. Yet, as we know, that company was run right into bankruptcy in short order.

ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS

On October 15, 1998, Wicklund Holding Company ("WHC") acquired all of the outstanding capital stock of Laser Engineering, Inc., a Florida corporation ("Laser"), based in Pompano Beach, Florida. Laser is a construction-contractor in the business of real estate site development. The purchase price was $200,000 in cash, paid in the form of WHC's promissory note payable 3 months from the completion of a new line of credit for approximately $1,400,000 which shall be applied for in the near future, without interest, and a $300,000 cash bonus, both of which are to be paid over time, plus 1,960,784 shares of WHC common stock prior to a contemplated .1448 for 1 reverse split therefor, which will be 283,922 shares after the reverse split. Laser's principal construction assets consist largely of heavy equipment.

The assets were acquired from Gary G. Bal and his wife, Debra A. Bal, Laser's past president. Mr. Bal will remain on staff as Laser's Vice President, Secretary and Treasurer. James N. Turek succeeded Mr. Bal, who has become Vice President of WHC.

For its most recent fiscal year ended on September 30, 1998, Laser's annual revenue was approximately $18,430,000 and its net income was approximately $300,000 on an unadutied (sic)basis.

pinksheets.com



To: Jeffrey S. Mitchell who wrote (1747)1/12/2006 6:26:36 AM
From: shortsinthesand  Read Replies (2) | Respond to of 12518
 
re:People seem to be missing the point with the Pro-Mold and Semco acquisitions

Jeff-I think the longs are missing the point altogether?

I have emailed the company many times and asked for that information. The response I receive is from a hotmail email address from Matt McGuire the paid stock promotion company called apple consultants telling me to feel free and call him with any question I may have about the company.

I am currently living and running an Internet cafe in the Ukraine so I am not interested in spending money calling (besides Turek already took most of my money),I need it to be in writing, I guess I am just a little old fashion?

I always respond back with another email to Matt telling him my questions and concerns and never to this date have I received one back. "company appears gaged"

I will attempt one more time via email directly to the company and ask them one more time what the current Outstanding Share Count is. I will document my email and the response with a report back to you.

I wouldn't hold your breath waiting though,

David



To: Jeffrey S. Mitchell who wrote (1747)1/12/2006 11:20:30 AM
From: shortsinthesand  Respond to of 12518
 
Jeff,

RE:company is gaged and can't do anything"

well some of the longs are waking up:

"Called 1st amer stock transfer, they would not give me the OS but gave me the number at the company. Called them and they sent me to Rodney....

Has Rodney given anyone the correct OS??"


ragingbull.lycos.com