SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : PLNI - Game Over -- Ignore unavailable to you. Want to Upgrade?

To: rrm_bcnu who wrote (5934)8/11/2006 10:33:33 PM
From: rrm_bcnu  Respond to of 12518
 
correction: and the number of shares is doubled. vice but the effect on shares is nil.



To: rrm_bcnu who wrote (5934)8/11/2006 10:40:21 PM
From: Jeffrey S. Mitchell  Read Replies (1) | Respond to of 12518
 
If it doesn't rise at all, the investor still gets $2K

Surely you can't be serious. PLNI has no intent to pay people off in cash, let alone a guaranteed "double your money no matter what" amount of cash.

If you meant $2K worth of preferred stock, you are essentially not assigning any value at all to the shares. Rather, you are issuing a promissory note at conversion that can later be redeemed for the face value's worth of common shares.

- Jeff


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News