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


To: rrm_bcnu who wrote (4412)5/21/2006 8:39:37 AM
From: scion  Respond to of 12518
 
Ummm, Pumpty the ex-sailor man...your the one trying to "libel another alias through innuendo" - several aliases in fact. That's not a Good Idea Pumpty.

You're also the one who made all the empty threats of lawsuits - what happened to your free legal advice from a "former judge" and PLNI shareholder? Did he get out of PLNI after watching your antics on various message boards?



To: rrm_bcnu who wrote (4412)5/21/2006 8:44:40 AM
From: scion  Respond to of 12518
 
LOL...so you think Turek declared all his income to the "BK court"?

Do you also think he declared all that income to the IRS?

Message 22472703

But I just couldn't reconcile that with the court filings for his personal bankruptcy. How could he have been "paid" all that without declairing it to the BK court? Well guess what... the 211 form actually resolved that issue as well. At least for the 2003-2004 time frame, and if we had 2002 I suspect that would have been covered too.

Seems James Turek, SR was paid little or nothing instead of the amount your friend said he was paid!

Go here and read the first paragraph of item 7 on page 27
otcstockinfo.com

On December 31, 2005, the James N. Turek, Sr., majority shareholder forgave approximately $6,000,000 of obligations consisting of notes payable, accrued interest, and accrued salaries and bonuses. The Company removed the obligations and increased paid in capital by the respective amount.

That explains why he declared the income that he declared on the monthly BK updates. He worked for PLNI either for nothing, or for a really small salary for a CEO of any company. Who knows, his declared salary might have come from one of his other companies and he worked for PLNI for nothing!