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

To: scion who wrote (5015)	6/25/2006 11:46:34 AM
From: shortsinthesand	Read Replies (3) \| Respond to of 12518

My calculations show Turek should be reporting a higher number of shares: LIKE: 795,000,000 million not the reported 221,936,374*

To: scion who wrote (5015)	6/27/2006 12:52:31 AM
From: Jeffrey S. Mitchell	Respond to of 12518

15.9%... 221,936,374 [shares] But what about this: During the period ended March 31, 2006, the Company issued 1,270,000,000 shares of common stock to the majority shareholder. The shares were issued for past contributions of the majority shareholder to the Company. Included in general and administrative expenses for the quarter ended March 31, 2006 is approximately $8,679,000 of stock compensation expense. The value for the consideration was based on the fair value of the shares on the date of issue. otcstockinfo.com I guess Turek dumped more than 1B shares in the last six months! Who needs shorts?! - Jeff