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


To: Supervalue who wrote (4963)6/21/2006 10:03:12 PM
From: Jeffrey S. Mitchell  Read Replies (1) | Respond to of 12518
 
Talked with who on Monday? The SEC? PLNI? ProMold? What reason did they give you for "why is plni so bashed"?

- Jeff



To: Supervalue who wrote (4963)6/23/2006 7:57:59 AM
From: shortsinthesand  Respond to of 12518
 
Supervalue ... Well I have researched into what a ...

"informal SEC inquiry" is? ....it really
isn't such a bad thing at all?

The SEC has contacted the company and requested that they provided information voluntarily for their review. Generally they use this term so as not to upset the investment community without the available facts to base a determination of procedure to take.

It doesn't necessarily mean the company has done anything criminal but it does indicate that there is some questionable business practices that have been brought to their attention.

At this point the best thing the longs can do is sit and wait it out....

I don't think you will be seeing any PR's in the near term thought. JMHO

best regards,

shorts