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


To: yardslave who wrote (11586)10/14/2007 10:36:32 PM
From: Jeffrey S. Mitchell  Read Replies (1) | Respond to of 12518
 
It's rather humorous (or sad, depending on your perspective) that certain PLNI shareholders are speculating about what new markets PLNI might enter to make money. Helllooo... PLNI is in bankruptcy. It is being run by the office of the US Trustee for the express purpose not of spending money on R&D, seeking alliances, hiring workers, etc., rather, to sell what he can sell in order to pay off creditors. As has been said over and over, there's not nearly enough to pay off the creditors, ergo, the shareholders, at the tail end of the list, get stiffed.

To be blunt: you are no longer a PLNI shareholder, you are a PLNI bagholder. You own worthless pieces of paper, not shares, because a share of zero is zero. There is no more "PLNI should do this" or "PLNI could do that" because PLNI is bankrupt. Look in the mirror and repeat after me: I invested in a scam. I wasn't scammed by message board posters; I am not a victim of naked shorting; there was no outside conspiracy to kill PLNI; rather, I was scammed by the CEO of PLNI, James N. Turek.

- Jeff



To: yardslave who wrote (11586)10/15/2007 8:35:06 AM
From: scion  Respond to of 12518
 
If that is true, and it will become public in due course if it is, then the Pro Mold Trustee must have found clear evidence of Stephen Murphy's activities on behalf of Turek and may even have got an admission of guilt.

Stephen Murphy (the "great GM" at PRo Mold whose only job was to make sure Turek got his wire transfers sent to him) was immediately terminated as the Trustee walked into Pro Mold last week. His activities of fraud and passing money to turek got him fired. He was still talking to and taking orders from Turek up to and even immediately after being terminated.

Tom Crotzer (financial manager who facilitates sending money to Turek) was immediately put on probation after getting slapped down by the Trustee.


Crotzer is probably now showing the Trustee everything else he wants to know.