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


To: im a survivor who wrote (6629)9/9/2006 3:39:11 PM
From: Jeffrey S. Mitchell  Read Replies (2) | Respond to of 12518
 
If you read the early posts here on this thread, you'll see the vast majority were DD about Turek's MO of acquiring and bankrupting companies by borrowing against their assets. It was predicted long ago that he'd do the same with Pro-Mold, but of course this was shouted down because 1) PLNI was supposed to already be profitable and 2) Pro-Mold was supposed to be accretive. Well, guess what, PLNI was about as far from profitable as can be and Pro-Mold has only caused massive share dilution.

Oh, and as predicted, on 9/1/06 PLNI took out a $600K loan against the assets of Pro-Mold. Kiss Pro-Mold goodbye. And I say this, believe me, with great pity for the hard-working staff over there who won't even know what hit them until it's too late.

What you are seeing now is the end-game. Even many die-hard longs have seen the light. At this point, with a ton of hard facts behind us and predictions fulfilled, it's now simply a matter of credibility. What you are mistaking for personal insults are attempts to assail people who continuing to act as if they have an ounce of credibility left.

- Jeff



To: im a survivor who wrote (6629)9/9/2006 3:59:19 PM
From: Jeffrey S. Mitchell  Read Replies (3) | Respond to of 12518
 
When Hollen writes:

"Hopefully, Upstate NY has a number of spare guestrooms available for more errant manipulators and meddlers....."

Considering:
1. Turek has admitted to dumping billions of shares
2. The SEC filings prove the company has massively diluted the stock and shows no signs of letting up
3. Pink Sheets themselves was forced to expose PLNI's fraudulent public share count
4. TD Ameritrade disclosed insiders were dumping certs, and
5. PLNI has admitted there is an open SEC investigation on them...

...how in the world could anyone with an iota of common sense ever blame the evisceration of shareholder equity on anyone but the company CEO himself? How can anyone with an iota of common sense give an iota of credibility to an admitted professional promoter in Hollen that it's "their" fault?

Again, it's all about credibility at this point. Are you really that easily manipulated?

- Jeff