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


To: shortsinthesand who wrote (3048)3/10/2006 8:57:15 AM
From: scion  Read Replies (1) | Respond to of 12518
 
How quickly he forgets -

By: rrm_bn4u
08 Dec 2005, 12:49 AM EST
Msg. 24927 of 27439
(This msg. is a reply to 24919 by successinstock.)
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I have several comments:

(1) This is a total surprize. Not mentioned in any discussions I have had with BizDev people.
(2) This has to have been recently derived. On the Nov 14th call I was told zero changes to O/S and Float. Others have been told the same even more recently.
(3) This is certainly dilutive.
(4) I am not real happy to hear it.
(5) I will be contacting the company for comment.

rrm

ragingbull.lycos.com

By: rrm_bn4u
08 Dec 2005, 02:57 AM EST
Msg. 24928 of 27439
(This msg. is a reply to 24927 by rrm_bn4u.)
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Let me add a comment:

The fact that the company has updated the Issued so that the A/S is roughtly 2.17 times the O/S may have bearing on some sort of share restructuring plan discussed in PR earlier in the year. Rumors of such a plan are out there.
More importantly, the update to pinksheets may bode well for news in the near term.

ragingbull.lycos.com

By: deadheded
08 Dec 2005, 08:50 AM EST
Msg. 24941 of 27439
(This msg. is a reply to 24927 by rrm_bn4u.)
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rrm_ We already knew about the 5 billion. Matt confirmed it for me a month or so ago....

ragingbull.lycos.com