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

To: yardslave who wrote (4574)	6/1/2006 2:49:54 PM
From: scion	Respond to of 12518

Pick a lie - "...they have entered into an agreement with PC, Inc., an affiliate of Wicklund for PC Inc.’s marketing and distribution of patch and products in exchange for which the inventors will receive ten percent of PC Inc.’s net sales. Amended Disclosure Statement Doc. No. 285 Filed & Entered: 02/23/2005 II. HISTORY OF THE DEBTOR AND REASONS FOR FILING PETITION XI FEASIBILITY AND BEST INTEREST TESTS For purposes of determining whether the Plan meets the feasibility test, Debtor believes that he has the ability to meet his obligations under the Plan and that same is feasible. Debtor is now employed as Managing Partner of Show Me Ink, LLC, a company that dates to 1906. The Debtors salary of $175,000.00 and 10% of sales and commissions (minimum of $50,000.00 annually based on historical records) allow him to meet his obligations as presented in this Plan. Additionally, Debtor is waiting for final FDA approval of the “Sports Patch” whose inventors predict first year sales of $25 million dollars. They have entered into an agreement with PC, Inc., an affiliate of Wicklund for PC Inc.’s marketing and distribution of patch and products in exchange for which the inventors will receive ten percent of PC Inc.’s net sales. This device measures and predicts when an individual is about to have a stroke or heart attack. It has been tested successfully on a nationally ranked Florida football team and upon final FDA approval, the marketing of same will begin. In addition to the sports patch referenced above, a WHC affiliate has recently completed a several million dollar acknowledgee sale, the proceeds of which will be received over the next several years. This information has recently been cleared for release to the public and should be released in the immediate future.