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

To: shortsinthesand who wrote (1859)	1/20/2006 11:44:57 AM
From: grizzy	Read Replies (2) \| Respond to of 12518

Sometimes when a company enters an agreement the terms cause the deal to go south. However, if you are not looking to buy back stock and still need capital you are not going to tell the public this information. That is a wise move, both for the company and its investors. Obviously, if you will notice, the stock gradually fell lower and lower as these deals seemed not to finalize. But on January 1st things took a turn and the long-term trend shifted to UP. Then it held STRONG for many days after....that means there is money being placed under this by people who probably know more than you and I. In Turek's interview a while back he basically said they're not putting any more energy in PRs regarding the filings because they don't know when they will be completed. That's because they're too busy ACQUIRING COMPANIES. If deals fall through, that's fine...the point is that they are spending their time trying to grow so that when they take a break to focus on the filing it will look much more attractive to the heavier investors. I have no answer to your question about the acquisition from 18 months ago...and frankly I don't care. I see the future, not the past, and the future is bright :)