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


To: scion who wrote (11298)9/19/2007 4:29:22 PM
From: Jeffrey S. Mitchell  Read Replies (2) | Respond to of 12518
 
Looks like Mr. Sem is concerned that any Turek owned entity goes bye-bye once the US Trustee takes over. Considering the price PLNI (allegedly) paid for these companies, given the amount owed to creditors, simply handing these companies back (at least on paper to perhaps avoid scrutiny) isn't going to fly with the US Trustee. In fact, it could add to the fraud charges that are sure to come.

- Jeff