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

To: Jeffrey S. Mitchell who wrote (2390)	2/3/2006 3:44:05 AM
From: shortsinthesand	Respond to of 12518

Jeff lets be real here... It simply means one of two things? Not only were they selling new shares into the float? The insiders were selling their shares as well! The only other explanation is that the previous float numbers were wrong. I knew as soon as they announced the IBD ad what was going on. Don't forget they haven't updated the amount of shareholders yet... best regard and once again outstanding investigations. best regards, shorts

To: Jeffrey S. Mitchell who wrote (2390)	2/3/2006 9:06:51 AM
From: scion	Respond to of 12518

2,304,576,805 - 690,000,000 = 1,614,576,805 -- a 234% increase! That means, theoretically, every single newly authorized share was dumped... and then some... all in the past month... during the time the company was touting a share buyback period. That's Dilution with a capital "D". If those shares were issued to pay for acquisitions, given that the PRs claimed all related financing would not be dilutive, that's Fraud with a capital "F". Let's see what the SEC thinks of that, and maybe they'll ask to see the trading records of the prime pumpers.